916.236.5075

855.501.8725

info@goldbridgecs.com

Cash-Out & Purchase Private Money Cross-Collateral Bridge Loan

Transaction Details

$1,250,000 Loan amount

3 Medical Clinics: Office & Retail Space

Sacramento, CA

Challenges

COMPLEX STRUCTURE: Coordination of closings on 3 different building. 2 Cash-Out Refinances & One Purchase, owned by 4 SEPARATE entities, & the Purchase needing to close first.

  • Cash-out was to pay off a judge ordered partner settlement, which left us 3 weeks to close
  • Borrower was high net-worth bankable client, and was still sensitive to market pricing

Solution

  • 60 LTV Loan with NO Prepayment penalty
  • 100% Loan to Purchase Loan
  • 7.50% Fixed I/O 
  • 3-week Quick Closing 
  • Cross collateral structure amongst 3 properties so no funds out of borrower’s pocket
  • Family Office lender relationship

Let’s Start On

YOUR PROJECT

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$890,000

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