Stormfield funded an $840k Fix and Flip Loan in Fairfield, CT

Stormfield funded an $840,000 purchase money loan for a direct borrower acquiring a single-family home in Fairfield, Connecticut as a fix and flip. With the property under a purchase agreement, the financing gives the investor certainty of funds to close and move directly into the renovation. The loan is structured at approximately 64.4% LTV. Underwriting weighed the renovation plan and Fairfield’s resale market, with moderate leverage and the property’s location supporting the exit. The deal shows how Stormfield works directly with investors to deliver reliable purchase financing for residential renovation projects in Fairfield, Connecticut.