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Deal Details
Private Loan Type
Purchase
Approx. Funding Date
04/20/2018
Property Type
Retail
Property City
Auburn
Property State
CA
Loan Term (months)
12
Lien Type
1st Mortgage
Payment Type
Interest Only
Loan-to-Value
55%
Deal Summary
Security Financial Services, a direct private lending firm based in San Francisco, funded a $1,250,000 1st lien position bridge loan for the acquisition of a retail property in Auburn, CA. Our loan-to-value was 55%. The loan term was set at 12 months. This CRE purchase bridge loan was funded in April 2018.
Funded By
Security Financial Services
Direct Lender for Northern California Property Investors | Established 1943