In this loan, we had a borrower that needed a quick refi for cash-out for another investment project. During the process, we found the title to be clouded due to deceased previous ownership and a private note already on the […]
In this loan, we had a borrower that had purchased a large retail box within a large mall. The borrower secured tenants with leases and needed money to refinance the existing debt, complete the landlord and tenant improvements, interest reserves, […]
In addition to the complicated income and entity, the subject property still didn’t have a certificate of occupancy and there was a balloon payment due on the current construction loan. We were able to qualify our borrowers, resolve the property […]
In this loan, we had a seasoned developer that had a 1031 exchange and purchased a single-family residence all cash in his company name. In addition, our client had a very complicated income structure and we needed to use one […]
Fixed interest rate for years 1-5; variable for years 6-10. Our client was a relatively new real estate investor and didn’t have a strong fico score. His income was tricky because of losses from a previous year and he was […]
The borrower was very organized and gave us their documents quickly. From submission to approval, 24 hours. To loan docs, in under 7 days. Waived the appraisal, funded and closed within 18 days. Directly funded by JDM Funding!
In this scenario, our borrower was a young entrepreneur with good credit, who was completing their first real estate construction investment. We were able to get this loan approved and closed within 15 days.
In this loan, we had a borrower with maturing interim loan that needed to be refinanced, and the house was listed on the market for sale which made it very difficult to secure a new loan. Additionally, the borrower’s tax […]
In this deal, we had a developer that owned many properties and came across a house on the beach that would be perfect for his vacation home. Given the amount of properties and the way his income was reported, it […]
The borrowers vacated the property and were in the process of converting the property into an investment property and looking to secure a tenant. Given their financial positions, they needed the cash-out now to consolidate debt, reposition their company and […]