Loan Request for Land loan in Soledad, CA, 93960

Request #3711707 by Lender

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Date Posted

1/29/2025 1:50:47 PM

Property at

Soledad, CA, 93960, USA Show Map

Borrower at

Property Type

Land

Property Value

$22,000,000

Amount of Existing Loans

$3,500,000

Loan Request

$10,000,000

LTV

45.45 %

Credit Rating

740-749

Loan Purpose

Refinance and Construction

Purpose

To refinance existing first lien and develop horizontally. Major home builder will purchase lots after horizontal development is complete.

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NMLS 1795154

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Loan Request for Land loan in Soledad, CA, 93960