Cornerstone Commercial Mortgage Media
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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