Mortgage lead for Commercial loan in Fresno, CA, 93722

Loan Request for Commercial loan in Fresno, CA, 93722

Request #3709730 by Lender

Date Posted

12/15/2024 6:49:05 PM

Property at

Fresno, CA, 93722, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$22,000,000

Amount of Existing Loans

$12,000,000

Loan Request

$14,000,000

LTV

63.63 %

Credit Rating

750-759

Net Worth

Over $10,000,000

Loan Purpose

Refinance all

Purpose

127-unit apartment building on 4 acres in the center of Fresno, California. The building has undergone a complete renovation and will be completely done in 5 weeks. The lender is hostile and demands high fees to extend the loan. The owners are seeking a new loan and are willing to pay hard money rates.

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Loan Request for Commercial loan in Fresno, CA, 93722