REFINANCE W/ HOLDBACK IN EAST BOSTON

ARV: $2,810,000

Loan Amount: $2,170,000

CCG recently refinanced one of our own loans to allow the borrower to increase their budget, replenish their interest reserve, and receive some working capital back at the close. This beautiful condo conversion is located in Boston and this project is now complete. The borrower had an additional 12 months to complete and sell without having to deal with an extension! CCG financed this loan in less than a week with a loan amount of $2,170,000.00 and it will sell for $2,810,000.00 after renovations are complete! This product is one of our most popular, please call (617) 237-6201 for a fast quote!