-
Loan Amount
$435,000
-
LTV
53%
-
Term
12 Months
Transaction Overview
Stormfield Capital funded a $435,000 cash-out bridge loan secured by a single-family investment property in Ho-Ho-Kus, New Jersey. The loan was structured at 53% LTV against an independently appraised value of $815,500, providing substantial collateral protection. The sponsor’s significant equity position, the property’s location in a highly competitive North Jersey submarket, and a well-defined exit via long-term refinance following lease-up supported a disciplined lending decision.