Stormfield Funded a $522,900 Fix and Flip Loan in Bridgeport, CT.

Stormfield funded a $522,900 fix-and-flip loan for a repeat direct borrower acquiring and renovating a two-unit multifamily property in Bridgeport, CT. The twelve-month facility was structured at approximately 73.65% of underwritten value, giving the sponsor the capital needed to complete a purchase-and-rehab renovation on a tight timeline. The loan structure reflects Stormfield’s ability to move quickly for an established borrower relationship, sizing leverage to the scope of renovation required while keeping the facility term aligned with the projected renovation and resale timeline. The financing-driven structure and rehab-heavy scope made this deal well suited to Stormfield’s borrower-focused underwriting approach.