SFG Successful Deal

Waterfront Vacation Property

This property is a popular waterfront vacation rental on Whidbey Island.  The borrower was looking to recapitalize the debt and to incorporate a change in the ownership group.  In addition to an appraisal, SFG was able to quickly assess the desirability of the location and a market value range with the help of local Windermere realtor Steve Strehlau.  Given the travel challenges in the current environment, a long standing professional relationship with a “boots on the ground” industry insider was a key component that allowed for both a quick close and a quality underwritten loan.  SFG also built into the transaction some interest reserve to help the borrower bridge any potential rental income interruption.

A well designed loan on a great property, another win-win loan closing!

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

1.480.450.3980

Scottsdale

1.480.450.3980

SFG Funds Map Marker

San Diego

1.858.751.0556

San Diego

1.858.751.0556

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