Deal Details
Private Loan Type
Refinance
Approx. Funding Date
03/15/2017
Property Type
Retail
Property City
San Pablo
Property State
CA
Loan Term (months)
12
Lien Type
1st Mortgage
Payment Type
Interest Only
Loan-to-Value
58%
Deal Summary
Security Financial Services, a direct lender, funded a $925,000 1st lien position bridge loan secured by a retail commercial property in San Pablo, CA. Our loan-to-value was 55%. The loan term was set at 12 months. This CRE refinance bridge loan was funded in March 2017.