Home > Case Study, Construction, Green, Investment Property, Prefab, Term Loan, Uncategorized > Case Study – Spec RE Construction Loan (Prefab) (Redondo Beach)

Case Study – Spec RE Construction Loan (Prefab) (Redondo Beach)

OPPORTUNITY: Request for a residential construction loan to construct a spec prefab home in Redondo Beach.

BORROWER: Developer

PROFESSION: Residential Construction Development NET WORTH: Affluent

SOLUTION: Construction Loan

LOAN AMOUNT: $1,237,500

VALUE: $1,650,000 (‘subject to completion’) LTC: 72% LTV: 75%

DTI or GDSCR: N/A

OPEN

If you have a similar case, or question, please e-mail me on craig.isaac@bancofcal.com

“You will get all you want in life, if you help other people get what they want”
– Zig Ziglar

  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: