Loan Request for Commercial loan in Boonsboro, MD, 21713

Request #3765439 by Lender

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Date Posted

10/8/2025 3:39:11 AM

Property at

Boonsboro, MD, 21713, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$17,000,000

Purchase Price

$17,000,000

Amount of Existing Loans

$5,800,000

Loan Request

$8,500,000

LTV

50 %

Credit Rating

680-699

Net Worth

Unavailable for disclosure

Loan Purpose

Refinance all

Purpose

Pay off the existing $6.5M loan, eliminating previous lender exposure.
•
Fund remaining horizontal infrastructure to complete the finished lots for the residential section.
•
Leverage Builders $2.3M deposit, minimizing upfront risk for the lender.

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Loan Request for Commercial loan in Boonsboro, MD, 21713