Private Money Loan Condo in Santa Monica
- Estimated Value: $1,525,000
- Loan Amount: $315,000
This borrower reached out to us seeking $315,000. They own a condo in Santa Monica California appraised at $1,525,000. They owed nothing on the property. They were seeking funding in order to grow their existing business. Because it was strictly a business purpose loan we were able to offer them the money they requested on their owner-occupied Santa Monica condo.