An experienced real estate investor and repeat client of Fidelis Private Fund needed a long-term/conventional loan with cash out to refinance an existing bridge loan on an existing 7-unit apartment, cottage-style, in North Park. The borrower wanted a conventional lender at the lowest interest...
A new borrower referred to Fidelis Private Fund needed to refinance two maturing private notes with high-interest rates on his owner-occupied single-family residence in Rancho Mirage and wanted a long-term loan. Fidelis does not fund owner-occupied residential loans. However, we were able to...
A client needed a construction loan to build 17 apartment units in Lemon Grove, CA. The borrower needed a lender to provide a higher leveraged loan than the typical institutional lender would provide or approximately 80% loan to cost. This loan was not a fit for Fidelis Private Fund. However...
A repeat borrower of Fidelis Private Fund needed to close within 3 weeks on a purchase of an owner-occupied single-family residence and needed a long-term loan. Fidelis does not fund owner-occupied residential loans. However, through our extensive network of lenders were able to negotiate with a...
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...
A repeat client needed to refinance his primary residence in La Jolla, CA, simply wanting to lower the interest rate on his existing mortgage.
After paying all cash for a luxury residential condo in La Jolla as a second home earlier in the year, the borrower wanted to refinance to pull cash-out for other investment opportunities.
A repeat client of Fidelis was in contract to purchase two retail multi-tenant buildings totaling approximately 47,500 sq.ft. in a mixed-use project located in the Barrio Logan neighborhood southeast of downtown San Diego. The borrower needed a bridge lender to close fast and allow time to...
A long-time existing client wanted to refinance a private money loan with an SBA long-term loan for their board and care facility that they have owned and operated for over 15 years.
A self-employed borrower needed to close on purchasing an owner-occupied single-family residence with as much leverage as possible with a long-term loan. Fidelis does not fund owner-occupied residential loans. However, we were able to negotiate with a conventional lender who could fund the loan...
A repeat client of Fidelis was in contract to purchase two commercial multi-tenant office buildings, 100% leased, totaling approximately 23,400 rentable sq.ft. located in Bonita, CA. To limit the cash down payment, the borrower needed a creative broker to arrange bridge financing with a...
Fidelis funded a small $150,000 mezzanine bridge loan directly on a mixed-use commercial/residential property in Laguna Beach, CA to help the client make some property improvements. However, the borrower ultimately needed to refinance and consolidate the senior debt and the mezzanine debt into...
We received a purchase loan request through a broker relationship for a four acre improved land parcel in Otay Mesa, San Diego, along the border. It was an owner-user acquisition. The loan request was too large for Fidelis to fund as a direct lender, so we arranged the loan with another...
A repeat borrower needed to refinance a loan that matured and consolidate debt on the property. The loan was secured by a multi-tenant retail property in Chula Vista, CA.
A borrower needed to close on purchasing an owner-occupied single-family residence in less than two weeks and needed a long-term loan. Fidelis does not fund owner-occupied residential loans. However, we knew a lender who could fund the loan for the borrower and meet the short time...
An existing client requested the assistance of Fidelis to arrange a long-term permanent loan to pay off a private money loan with another lender on a single-family Investment property.
Fidelis was the existing lender where the client initially needed a purchase/renovation loan on a residential duplex in National City, CA. Once Fidelis funded the acquisition/remodel bridge loan, and the property was renovated and leased, Fidelis immediately arranged a take-out long-term...
A borrower needed to close on a purchase of an owner-occupied single-family residence with the lowest rate possible and needed a long-term loan. Fidelis does not fund owner-occupied residential loans. However, we were able to negotiate with a lender who could fund the loan for the borrower while...
A repeat client of Fidelis Private Fund inquired about a purchase money loan to acquire a single-family residence as his primary residence. The borrower needed a long-term loan while also needing to close within two weeks. The self-employed borrower turned to Fidelis for the guidance that they...
A repeat client had purchased a residential adult care facility with private financing and wanted to refinance the higher-cost debt with conventional long-term debt at a low fixed rate. Through our extended network of real estate lenders, we found for the borrower the best lender to provide an...
