San Bernardino Multifamily Purchase Loan

North Coast Financial provided funding for a hard money purchase loan in San Bernardino, California. The loan amount of $300,000 was secured by a multifamily residence. The loan to value ratio was approximately 75%.

The borrower previously had a lender who wasn’t able to provide financing by the scheduled close of escrow. North Coast Financial stepped in and funded the loan in 9 days.

More information about hard money loans in San Bernardino