Jun 10, 2022 5:00 PM

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Debt For Sale - $414K Construction Loan Opportunity - Sonoma County 5500sf Custom Home

$385k funding amount + $30k interest reserve amount

$3 million investment commitment / $8.19m completed value

800 borrower credit - 4 completed luxury builds as borrower experience

18-month total term (9/1/23 maturity)

$2.59m construction reserve - provided to the borrower to build a home in draws as work is completed after a third-party inspection

Current lender/Broker to remain POC for the borrower who will coordinate all draw inspections, servicing questions, etc

License fee of 1% to be paid by the winner

Total debt:

414685

Median debt:

414685

Average debt:

414685

Number of accounts:

Average charge off date:

Product type:

Opening price: $

Opening price (% of Total debt):

Debt portfolio for sale

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