Bridge Loan for Home Purchase in Roseville, near Sacramento

Funded by Cityscape Finance, LLC


Deal Details

Private Loan Type


Approx. Funding Date


Property Type
Single Family Residence
Property City


Property State


Loan Term (months)


Lien Type

1st Mortgage

Purchase Price


Source of Borrower's Contribution

Equity in Another Property

Property Condition

Newly Renovated

Building Square Footage


Exit Strategy


Borrower Credit Rating


Interest Rate


Deal Summary

Cityscape Finance, a direct private lending firm, funded a $565,000 bridge loan for the purchase of a home in Roseville, the largest city in Placer County, California located within the Sacramento metropolitan area. The subject property was built in 2005 and is approximately 2,657 square feet. The purchase price in 1st lien position was $565,000. The Borrower used equity in one house so they did not need to bring any cash to closing. The interest rate was 9.99%. The Borrower had real estate experience and good credit. This Roseville two-story home was recently renovated and had a three-car garage. The Borrower plans to sell the property within the 12-month loan term. This residential property bridge loan was funded in August 2022.

Funded By

Cityscape Finance, LLC

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