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Cash-Out Refinance SFR Bridge Loan

Funded By: LK Secured Lending

LK Secured Lending closed this cash out refinance in Newport Coast, CA for $3,000,000.
• Purpose: Business purpose loan to invest in borrower’s friend’s business.
• Property Value: Purchased for $20.6 million April, 2020
• Size: 12,628 sqft , 6 bd, 11 ba
• Built in 2017
• Loan Amount: $3,000,000
• Term: 12 months• Minimum Interest: 6 months

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