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Loan Amount
$250,000
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LTV
43.44%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $250,000 bridge loan to refinance a single-family property in Cornwall, New York, for a repeat Stormfield borrower. The 12-month facility was structured at approximately 43% LTV against a $575,500 underwritten value, reflecting a highly conservative, low-leverage structure on the transaction overall. The borrower’s history with Stormfield and the property’s stable as-is condition supported a straightforward underwriting process for this refinance. The low-leverage structure and the sponsor’s track record, combined with Stormfield’s ability to move quickly for repeat clients, supported a lending decision consistent with a disciplined approach to conservative refinance transactions.