Residential Building – Palo Alto, CA

$400,000

Term:
36 months
No prepay after 12 months
Location:
Palo Alto, CA
  Residential
5 Unit Apartment Building

Apartment Building Hard Money Loan California

Saratoga Capital, Inc. was the direct private money lender working with a Trust to fund this first loan for a 5 year term.

Loan Purpose:
Refinance to lower the interest rate.

Why the Broker chose Saratoga Capital, Inc.
Saratoga Capital, Inc. president responded quickly and physically viewed the property in just a matter of days. Liking what he saw and made the deal. Location was good, equity was good, and the trust administrator was pleased with the stream-lined process.

This is a perfect example of the benefits of a private money loan. A single decision maker who knows California real estate and has the funds available to loan immediately.

California Real Estate loans only.
We work only with Real Estate Professionals or California mortgage brokers when making our private equity loans.
Our rates are among the most competitive.
Our goal is to have continued relationships with real estate professionals and mortgage brokers in select California markets. Even after making private money loans in California for over 40 years, we are still in it for the long-haul.