No loan describes “Gap financing” better than this one…
A well known entrepreneur with an extensive real estate schedule had an unusual opportunity to pick up an investment property in Henderson, NV. Making an offer subject to financing was not an option. Only “cash” would take the deal off the table and away from competitive buyers. Bankable in every respect, his opportunity required more speed than the banks could deliver. SFG did, and because we never have a prepayment penalty, our borrower is already talking conforming refinance.
That’s what we’re here for.