Loans to
Bridge
Location: Ventura, CA
Funded: $875,000
Private Loan Type: Bridge Loan

Deal Highlights:
Deal Summary:
In this matter, the borrowers were unable to qualify for traditional financing due to these units being vacant. Their DTI was simply too high. They needed short-term capital and we stepped in to provide a bridge loan to complete the transaction. Once the units were leased with proof of rental income, they went back to their bank to refinance into more permanent financing.
Deal Details:
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HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.
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