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Loan Amount
$925,000
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LTV
69.69%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $925,000 fix and flip loan for a cosmetic renovation of a single-family home in Hingham, Massachusetts, for a repeat Stormfield borrower. The 12-month facility was structured at approximately 70% LTV against a $1,327,250 underwritten value, reflecting sizing appropriate for a limited-scope cosmetic project set in a strong local submarket. The borrower’s history with Stormfield and the straightforward renovation scope helped offset typical fix and flip execution risk on this transaction. The sponsor’s track record and the strength of the local market supported a lending decision consistent with a disciplined approach to renovation financing.