-
Loan Amount
$1,188,000
-
LTV
67.72%
-
Term
12 Months
Transaction Overview
Stormfield funded a $1,188,000 ground-up construction loan for a repeat borrower building a luxury single-family home in Fairfield, Connecticut. The financing provides the capital to take the project from groundbreaking through completion, giving the builder a dependable funding source for the full construction schedule. The loan is structured at approximately 67.7% LTV. Underwriting weighed the construction timeline and local demand for luxury homes, with the sponsor’s history with Stormfield supporting the plan. The deal shows how Stormfield provides consistent, flexible construction financing to repeat builders delivering new high-end homes in Fairfield, Connecticut.
