Month: June 2017

2,900 SQ FT – Commercial Purchase Loan

Property Location: Huntsville, AL Property Value: $175,000 Loan Amount: $95,000 Loan Term: 24 Months Interest Rate: 13% Broker Commission: 4% of Loan Amount This borrower needed help completing the purchase of a new church, borrower plans to do minor updates/improvements on the property before paying us off.