DEAL HIGHLIGHTS

Loan Amount: $1,225,000
LTV: 70%
Loan Type: Purchase Loan
Property Type: 8-Unit Multifamily Property
Location: Hemet, CA

ABOUT THIS DEAL

SDC Capital recently funded a $1,225,000 purchase loan at 70% loan-to-value for an 8-unit multifamily property in Hemet, California.

Our trusted broker partner approached us after the bank lender backed out just days before closing. Knowing SDC’s streamlined process and ability to underwrite quickly and decisively, he was confident we could step in and get the deal done.

SDC Capital issued a term sheet and closed the loan within one week, ensuring the borrower met their closing deadline and successfully completed the purchase.