- Loan Amount: $9,900,000
- Loan Term: 3 Years
- LTV: 45%
Retail Property In Aurora, Colorado
- Loan Type:
- Bridge Loan
- Loan Amount:
- Loan Term:
- 2 YR
- Interest Only
• The borrower’s loan was maturing and the lender wanted it paid off.
• The borrower was working with a credit union to get a permanent loan, but were not confident it would be done in the time frame needed so they called Money360.
• Once Money360 understood the sponsored need, we funded the loan in the time-frame discussed on the kick off call.
• We provided the financing need to help the sponsor refinance out of their current loan.
• This is the borrower’s 4th loan in six months with Money360.
Subscribe to Our Newsletter
Stay up to date on the latest CRE news and trends