Success Story
A repeat client was looking to refinance her primary residence to take advantage of lower interest rates. Fidelis Private Fund does not fund owner-occupied residential loans. However, we negotiated with a lender who could fund the loan for the borrower while offering one of the lowest interest rates possible.
Fidelis Action
Fidelis Private Fund arranged a 1st Trust Deed loan of $350,400 on the Valley Center, CA single-family residence or 27% LTV.
The subject loan was a conventional refinance, thirty year fixed-rate loan. (The subject loan was not funded by Fidelis, but arranged by Cornerstone Commercial Mortgage acting as the broker on the transaction).
Value Added
The Fidelis Private Fund helped the borrower arrange a refinance loan for an owner-occupied single-family residence with the lowest interest rate possible, based on the borrowers specific circumstances.
Our goal is complete customer satisfaction. If the loan request doesn’t fit Fidelis Private Fund as a direct lender, we find the right lender with the best terms for the borrower.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.