Deal Highlights
Loan Amount: $250,000
Loan Type: Cash-Out Refinance
CLTV: 67%
Interest Rate / Term: 18 months
Lien Type: 2nd lien
Property Type: Single-Family Residence (Investment)
ABOUT THIS DEAL
SDC CAPITAL recently funded a $250,000 refinance loan secured by an investment single-family residence located in Encino, California.
The loan was structured at 67% combined loan-to-value with an 18-month term, providing the borrower with access to capital while maintaining a conservative leverage position.
Structured as a 2nd lien interest-only bridge loan, the financing was used for business purposes, allowing the borrower to leverage existing equity without disrupting the property’s long-term plans. The property consists of approximately 756 square feet and carries an estimated value of $885,000.
With flexible underwriting and a streamlined process, SDC CAPITAL was able to deliver a financing solution aligned with the borrower’s timeline and objectives. The borrower’s planned exit strategy is through a sale or refinance of the property.
Have a property that needs funding? Email info@sdccap.com or call 424-304-1072 to get started.
