Mortgage lead for Commercial loan in Coquille, OR, 97423

Loan Request for Commercial loan in Coquille, OR, 97423

Request #3742884 by Lender

Date Posted

6/25/2025 8:26:42 AM

Property at

Coquille, OR, 97423, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$1,500,000

Loan Request

$1,200,000

LTV

80 %

Credit Rating

780 or more

Net Worth

$1,000,000 - $4,000,000

Loan Purpose

Property Purchase

Purpose

The business seeks funding to take advantage of a window of opportunity to introduce new permanent rental units in the community, which address a significant gap in the housing market, provides economic growth and revitalization, and delivers a small solution to regional low-income housing. The funding would be for the purchase and renovation of a 24-unit building. The loan amount requested would be $1,500,000.00). Basic guaranteed rental voucher and clients from a partnership with Operation Rebuild Hope (ORH) will provide a solid source of clientele who have VA vouchers and other stable payment options available, allowing for the 100% occupancy as soon as units are available.

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Loan Request for Commercial loan in Coquille, OR, 97423