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Loan Amount
$410,000
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LTV
41.27%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $410,000 fix and flip loan for the acquisition and renovation of a single-family property in West Orange, New Jersey. The 12-month facility was structured at approximately 41% LTV against a $987,000 underwritten value, reflecting a highly conservative leverage position relative to the property’s underlying value. Significant renovation work was already completed prior to closing, with loan proceeds supporting the final stages of the project ahead of an eventual sale. The low leverage and advanced project stage helped minimize execution risk, supporting a lending decision consistent with Stormfield’s disciplined approach to fix and flip financing overall.