$5.8MM – Single family residence – Medina, WA

  • Loan Amount: $5,800,000
  • Broker's Commission: $29,000
  • LTV: 51%
  • Interest Rate: 7.75%
  • Term: 1 year

Description

Avatar provided a $5.8 million N.O.O residential bridge loan for a single-family residence in Medina, Washington. Avatar’s loan refinanced the current debt and provide a one-year full payment reserve, allowing time for the sponsor to either sell the property or obtain conventional financing.

  • Loan Type: N.O.O. Res Bridge
  • Loan Amount Range: $5M - $9.99M

This style property is located in Medina is currently and has been listed on Avatar Financial Group. This property is listed at . It has bedrooms, bathrooms, and is . The property was built in year.

Avatar provided a $5.8 million N.O.O residential bridge loan for a single-family residence in Medina, Washington. Avatar’s loan refinanced the current debt and provide a one-year full payment reserve, allowing time for the sponsor to either sell the property or obtain conventional financing.

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AVATAR FINANCIAL GROUP

1200 Westlake Avenue N, #1006
Seattle, WA 98109

Office: 206.728.5900
Toll-Free: 1.888.886.0097

For information about loan programs or loan
requests, email us at:
[email protected]

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