Deal Details
Private Loan Type
Refinance
Approx. Funding Date
05/15/2018
Property Type
Single Family Residence
Property City
Redwood City
Property State
CA
Loan Term (months)
12
Lien Type
1st Mortgage
Payment Type
Interest Only
Loan-to-Value
65%
Deal Summary
Security Financial Services, a direct private lending firm based in San Francisco, funded a $950,000 1st lien position equity cash-out private mortgage loan for a single-family rental home in Redwood City, CA. Our loan-to-value was 65%. The loan term was set at 12 months. This SFR equity cash-out loan was funded in May 2018.