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Loan Amount
$1,800,000
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LTV
50.45%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $1,800,000 cash-out bridge loan secured by a single-family property in Bernardsville, New Jersey. The 12-month facility was structured at approximately 50% LTV, reflecting a conservative leverage position relative to the asset’s overall strength and desirable location. The property’s desirable New Jersey location and the loan’s low relative leverage helped support the collateral position on this straightforward refinance transaction overall. Stormfield’s ability to move quickly on a straightforward cash-out structure supported a lending decision consistent with a disciplined approach to conservative residential financing for this well-collateralized asset overall.