A local builder was self-funding this ground up spec construction project and ran across another prime investment opportunity that required some capital. Borrower approached SFG about lending the last 30% needed to complete the spec home so they could re-deploy their capital. Often called “broken priority” loans… traditional banks won’t touch this type of scenario for fear of undisclosed mechanics liens. SFG has a proven vetting process that helps ensure that any problems like this are mitigated. This home is now complete and listed for sale. The home sits high above Bellevue with spectacular views west toward downtown Seattle and the water. When creative funding solutions are needed, builders know to turn to SFG… thinking creatively for over 28 years.
SFG Successful Deal