» $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
- Interest Rate: 8.99%
- Term: 1 year