Our client’s existing mortgage holder demanded funds when their term was up. The client was hoping to refinance to a construction development mortgage, but the city was delayed. We worked with them to help move their project along with soft costs and then 6 months later, took advantage of the rising land value and help them pay off all mortgages, clear arrears and get enough funds to finish rezoning. Next step – construction. We see the equity you put into your projects, and we help you realize those gains.
Foreclosure Development Rescue to Keep Project Going
Mortgage Amount : $380,000.00