Success Story
A repeat client and seasoned general contractor needed financing to purchase two residential lots, leveraging an existing single-family residence as additional collateral. The borrower plans to build on the lots for future residential development, enhancing value in the growing Spring Valley area.
Fidelis provided a $210,000 1st Trust Deed loan to secure the acquisition of two 5,000–6,000 sq. ft. lots, and leveraging additional collateral in the form of a newly constructed 5-bedroom, 3-bathroom residence, the borrower optimized liquidity for an overall conservative 16% LTV ratio.
Exit Strategy
Refinanced with a construction loan.
Value Added
Fidelis streamlined the loan process, enabling the borrower to secure the property quickly and focus on value creation. This transaction highlights Fidelis’ commitment to supporting experienced investors with tailored and efficient financing solutions.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.