Borrower needed funds to finish construction on his unfinished home in Bothell. The only problem: his current residence is listed For Sale in the luxurious neighborhood of Laurelhurst. Borrower was self-funding his Bothell project until he made the decision to do some major upgrades from the original plans and the budget went through the roof. He needed to act fast to keep his builder on the job. With reserves depleted, he made a call to his broker, who knew just the company to call. SFG walked the properties and funded his loan without an appraisal. Borrower has the luxury to wait for the right offer on his home and can keep the construction project moving forward.
Waiting for an Offer?