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Loan Request for Land loan in Apex, NC, 27502

Request #3752026 by Lender

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8/16/2025 5:38:31 AM
Apex, NC, 27502, USA Show Map
Land
$2,400,000
$600,000
25 %
700-719
Over $10,000,000
Refinance all
Cash-out refinance. Cash will be used to fund construction of two other projects owned by sponsorship. Repayment of loan will come from Carter Bank, which has issued a $1.32mm term sheet for a non-revolving line of credit against the property's appraised value of $2.4mm. The LOC from Carter is scheduled to close in 60 days but sponsorship requires cash immediately.

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