Loan Type:
Property Type:

LTV:

Location:

Loan Amount:

Rate:

Term

Prepayment Penalty:

Private Money Loan Purchase

Winery/Vineyard

50%

Hopland, CA

$2,800,000.00

12%

2 years

6 months

Scenario: Borrower was “in contract” to buy this property with a $400,000.00 deposit that had become “non-refundable”. His conventional lender, that had approved his loan, backed out at the last minute. Borrower needed to close escrow in 3 weeks or he would lose his $400,000.00 deposit. California Private Money Lenders was able to fund this loan in 2 weeks.


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