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» $1.078MM Two Single Family Residences Coeur D'Alene, ID

Posted by Avatar Financial

This is a repeat borrower with Avatar who has maintained an excellent payment history. The Borrower is purchasing the 17th Street property in an extremely strong market and is utilizing a currently owned property as additional security. With Avatar’s loan, the borrower was able to offer the seller a quick close to beat out competing offers. The borrower plans to make some renovations, rent the property, and then conventionally refinance Avatar’s debt.

  • Loan Amount: $1,078,000
  • LTV:
  • Interest Rate:  8.99%
  • Term: 1 year

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