SFG Successful Deal

Construction Completion – SFR

This loan request was right over the plate for Seattle Funding Group as it included many of the components so elemental to our lending models. Those components included an “A” location in a high quality, coastal submarket, an “A” paper sponsor, an effective LTV at well under 40%, and control of all the funds necessary to complete this high quality residential product.

So why then did this loan request demand placement by a private money lender? Construction completion remains a difficult product for today’s conventional lending sources, particularly when the request is jumbo spec residential. But at its core, this request represented “The Best of the Best.” After completing analysis on the cost to complete budget and resolving the broken priority issue with title, what remained was elemental.

The Result: Another happy SFG client, and yet another example of why SFG remains an industry leader in private money closings for construction and construction completion.

3 Convenient Locations

Call Us Today For A Free Consultation! Or chat with one of our team members now!

SFG Funds Map Marker

SEATTLE

1.888.734.3863

SEATTLE

1.888.734.3863

SFG Funds Map Marker

Scottsdale

1.480.455.5047

Scottsdale

1.480.455.5047

SFG Funds Map Marker

Solana Beach

1.888.751.0556

Solana Beach

1.888.751.0556

Scroll to Top