California Private Money Lenders

35 Acre Corporate Retreat


Loan Type:

Property Type:

LTV:

Location:

Loan Amount:

Position:

Rate:

Term:

Prepayment Penalty:

Private Money Loan Purchase

35 Acre Corporate Retreat

63%

Occidental, CA

$600,000.00

1st Deed of Trust

8.75%

3 years

12 months 

 

Scenario:  Purchase Money Loan to acquire a corporate retreat/vacation rental.  Property was built without permits making it unsuitable for conventional lenders.  Due to the quality of the property and the borrower CPML was able to fund this loan without issue.


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