Ross, CA

Information

  • Loan Amount $1,170,000.

Description

The borrower purchased this property with the intention of building a new contemporary 4,500 square foot home on the parcel.

Because this property is not fully entitled, most institutions will not provide construction financing. FJM provided a 12 month bridge loan so our borrower could take the property through the entitlement process. A construction loan will pay us off with 12 months.