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Loan Amount
$770,000
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LTV
55.92%
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Term
12 Months
Transaction Overview
Stormfield funded a $770,000 hard money cash-out bridge loan secured by a waterfront two-family investment property in Winthrop, Massachusetts. Proceeds refinance existing debt and allow the long-term owner to access equity built in the asset over time. The loan is structured at approximately 55.9% of the $1,377,000 as-is value, leaving substantial equity beneath the loan. Stormfield evaluated the property’s waterfront location, rental use and refinance exit, and the low leverage and long-term ownership provide meaningful protection. This transaction illustrates Stormfield’s disciplined lending on income-producing residential collateral on waterfront property in Winthrop, Massachusetts.