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Posts Tagged ‘modular home’

Case Study – Residential Construction Loan (Santa Monica)

OPPORTUNITY: Request for a construction loan to construct new high end modular home for primary residence.

BORROWER: Individual

PROFESSION: Medical NET WORTH: Affluent

SOLUTION: Construction Loan

LOAN AMOUNT: $1,925,000

VALUE: $3,200,000 (‘subject to completion’) LTC: 63% LTV: 60%

DTI or GDSCR: N/A

OPEN

If you have a similar case, or question, please e-mail me on ceisaac@ymail.com

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

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