Deal Details
Private Loan Type
Purchase
Approx. Funding Date
03/23/2017
Property Type
Residential Land
Property City
Bend
Property State
OR
Lien Type
1st Mortgage
Payment Type
Interest Only
Deal Summary
Cetan Funds, a private money lender based in Oregon, funded a $130,000 bridge loan for the acquisition of vacant residential land in Bend, OR. The Builder acquired a lot to hold and sell or build-out. This purchase bridge loan was funded in March 2017.