Mortgage lead for Commercial loan in Fillmore, UT, 84631

Loan Request for Commercial loan in Fillmore, UT, 84631

Request #3723493 by Lender

Date Posted

4/1/2025 11:22:39 PM

Property at

Fillmore, UT, 84631, USA Show Map

Borrower at

Midway, GA, 31320, USA Show Map

Property Type

Commercial

Property Value

$30,000,000

Loan Request

$9,500,000

LTV

31.67 %

Credit Rating

750-759

Net Worth

Over $10,000,000

Loan Purpose

Refinance and Construction

Purpose

Title: Loan Purpose

This request for a loan amount of $9,500,000 is strategically planned to undertake refinancing and construction activities for a commercial property located in Fillmore, UT. The funds will facilitate both the enhancement and expansion of the property, ultimately increasing its value and marketability.

By refinancing, capital will be freed to focus on necessary construction that enhances the property’s capacity and functionality, aligning with our business objectives. This investment not only promises to improve the asset’s worth significantly but also positions the borrower to enhance return prospects in the booming commercial real estate market.

From the lender’s perspective, this loan represents a low-risk opportunity given the borrower's robust credit score of 750-759, and a substantial net worth of over $10 million, ensuring reliable repayment capability.

We are confident that this loan will yield successful outcomes and are grateful for the lender’s consideration.

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Loan Request for Commercial loan in Fillmore, UT, 84631