• Loan Type: Bridge
  • Loan Amount: $21,255,000
  • Term: 2 Years
  • Amortization: Interest Only
  • Recourse: Non-recourse
  • LTV: 66%

Challenges

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.

Solutions

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.

Bridge Loans

Money360 is a direct lender and can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.

Learn More

Permanent Loans

Money 360’s permanent loan program provides flexible, long-term financing at competitive rates and terms for stabilized commercial real estate throughout the United States.

Learn More

Why Money360?

  • Money360 is a Direct Lender
  • In-house Credit Approvals
  • Letters of Intent in 2-3 days
  • Funding in 3-5 weeks
Featured Properties