Success Story
A repeat client from San Diego was refinancing a fully leased commercial investment property in Winchester, CA, using a bridge loan while evaluating options for expanding the property to increase its value.
A local San
Fidelis Private Fund provided a $620,000 first trust deed refinance loan based on a third-party valuation of $950,000, resulting in a 65% loan-to-value (LTV).
The borrower plans to refinance with either a construction or conventional long-term loan.
Value Added
Fidelis enabled the borrower to refinance into a bridge loan to give him time to decide how to proceed with adding value to the property. The loan process was smooth and hassle-free throughout.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.