Loan Amount: $1,771,000
Loan Purpose: Purchase
Property Type: Multifamily Residence
RECENTLY FUNDED TRANSACTION: Riverside, CA
Opportunity: First time apartment investors looking to acquire a newly constructed 10 unit apartment in Watsonville, CA. We were able to overcome the asset being in a small market and the borrowers being a first time investor to successfully acquire this great property via a non recourse loan to launch their portfolio.
For more information call:
Kevin Kriser – (714) 908-5271
Fidelity Bancorp Funding is an Orange, California-based firm providing mortgage options to meet the long-term needs of clients of all ages and scenarios, including Realtors, homebuyers and investors. Founded in 2000, the firm is dedicated to superior standards and best practices, and recently surpassed $9 billion in funding provided nationwide. Fidelity Bancorp Funding specializes in assisting homebuyers or those in complex situations or who need alternative options such as bridge financing to help ensure that they get the deal they want.