San Francisco, CA
SDC Capital funded a $1,420,000 loan for the refinance and renovation of a residential condo in San Francisco, CA. Unique to most lenders, SDC funded this loan mid-construction, after investing the time to work closely with our title officer to provide the appropriate coverage to mitigate our risk. The pricing was 8.75% interest only, plus 1.5 point origination fee. This bridge loan was funded in February 2017.