This borrower is an experienced rehabber with projects throughout Bellevue and Kirkland, WA. He has borrowed from SFG in the past for the simple reason, we do what we say we are going to do! He’s been down the bank path too many times and feels certainty is paramount to his success in rehabbing properties. The subject is located in a very stable neighborhood of Enatai with view of the Bellevue skyline. The property sold for $840,000 just 4 months after he purchased the property to rehab and it sold for $40,000 over his asking price!
SFG responded quickly and was ready to go to loan docs within a few days. Even with the small loan amount, SFG’s pricing is amongst the lowest available. Providing certainty, fair priced lending and always responsive service… regardless of the loan size!
LTV 57%