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Fidelis Closed Loans

$675,000 Purchase/Bridge Loan
$675,000 Purchase/Bridge Loan

A client was in escrow to purchase five detached, single-family residences, bungalows in need of remodeling on one parcel in the South Park Community of San Diego. The purpose of the loan was to acquire the property, remodel the five cottages, raise the rents, and refinance with conventional...

$500,000 Purchase/Rehab/Bridge Loan
$500,000 Purchase/Rehab/Bridge Loan

A repeat client owner/operator of a successful Auto Towing business was in escrow to purchase a multi-tenant industrial building for $1,500,000 as an owner user. The borrower owned the adjacent parcels to the east, so the purchase of the subject property enhanced the value of his business with...

$1,100,000 Purchase/Bridge Loan
$1,100,000 Purchase/Bridge Loan

A repeat client owner/operator of a successful Auto Towing business was in escrow to purchase a multi-tenant industrial building for $1,500,000 as an owner user. The borrower owned the adjacent parcels to the east, so the purchase of the subject property enhanced the value of his business with...

$595,000 Purchase/Bridge Loan
$595,000 Purchase/Bridge Loan

A repeat client negotiated an excellent price to purchase a single-family investment property with the plans to add additional dwelling units (ADU’s) to the site. The purpose of the loan was to acquire the property and later provide additional funds to construct improvements.

$450,000 Purchase/ Bridge Loan
$450,000 Purchase/ Bridge Loan

A repeat client and successful real estate broker was in contract to purchase a residential duplex with two detached residential units and needed to close in less than a week. The borrower is an experienced real estate investor and plans to remodel the improvements and increase the rents.

$1,155,000 Purchase/ Bridge Loan
$1,155,000 Purchase/ Bridge Loan

A repeat client needed to close on the purchase of a residential duplex investment property in less than a week. It was a historical residence in the community of Golden Hill, San Diego. The borrower had some cash from a 1031 exchange and a lot of equity tied up in another residential investment...

$550,000 Purchase / Bridge Loan
$550,000 Purchase / Bridge Loan

A repeat borrower needed a quick bridge loan to purchase a single-family investment property in Oceanside, CA, that needed to close in less than two weeks. The borrower wanted to use the equity in his properties in lieu of cash down in structuring the financing for the purchase. The purchase...

$420,000 Refinance / Bridge Loan
$420,000 Refinance / Bridge Loan

A client needed a bridge loan to refinance an existing private loan and fund the remaining costs to complete two manufactured homes on two separate parcels. The two manufactured homes were built and ready to be moved onto the site. The appraised value of the two houses was $700,000 or $350,000...