Mortgage lead for Commercial loan in Post Falls, ID, 83854

Loan Request for Commercial loan in Post Falls, ID, 83854

Request #3764345 by Lender

Date Posted

10/2/2025 3:16:34 PM

Property at

Post Falls, ID, 83854, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$2,000,000

Amount of Existing Loans

$325,000

Loan Request

$1,300,000

LTV

65 %

Credit Rating

760-779

Net Worth

Over $10,000,000

Loan Purpose

Refinance all

Purpose

The client is seeking a total loan amount between $2.4 million and $3.0 million to complete construction at 512 E 43rd St, Garden City (Boise), ID. The property is valued at $12 million, with $9.4 million in equity. As collateral, we are offering two apartment buildings, each consisting of 12 units and carrying an estimated market value of $4.2 million.
We are open to structuring either two separate loans of approximately $1.3 to $1.5 million each, or one consolidated loan ranging from $2.6 to $3.0 million.
Key considerations for the client include:
A. Expedited processing—utilizing an MAI bank appraisal conducted last week to save time.
B. No prepayment penalty, as both properties are currently listed for sale and we anticipate selling within the next six months.

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Loan Request for Commercial loan in Post Falls, ID, 83854