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Cornerstone Commercial Mortgage arranges a $170,000 Bridge Loan on 10 acres of residential raw land in Pahrump, NV 

Pahrump, NV, December 20, 2006.  Cornerstone Commercial Mortgage arranged a $170,000 bridge loan to pay off an existing 1st Trust Deed and provide some cash back to the borrower for personal use.  The secured collateral was 10 acres of raw land zoned residential in Pahrump, Nevada.  The private lender did the loan at a 50% loan to value ratio for a 12 month term.  The borrower is listing the property for sale as the source of repayment.
 
Cornerstone Commercial Mortgage acts as mortgage consultants specializing in arranging commercial real estate financing for clients nationwide.  Cornerstone Commercial Mortgage manages every detail of the loan process from start to finish and assists clients in all aspect of financing from consulting on the feasibility of a real estate development project to obtaining the right construction or permanent loan. 

Cornerstone Commercial Mortgage’s Mission is to provide our clients the best loan at the most competitive terms in the shortest time possible while keeping their best interest in mind.  For more information see our web site at www.cmlv.net.
 
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