Stormfield Funded a $313,950 Bridge Loan in Killingworth, CT

Stormfield Capital funded a $313,950 bridge loan to support the acquisition of a single-family investment property in Killingworth, Connecticut. The sponsor required purchase money financing to acquire the asset at 65% LTV against an independently appraised value of $483,000, contributing meaningful equity at closing. The property’s location in a highly competitive Connecticut submarket and the sponsor’s equity contribution at closing supported a conservative and well-structured purchase money lending decision.