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Loan Amount
$1,105,000
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LTV
65%
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Term
12 Months
Transaction Overview
Stormfield funded a $1,105,000 loan for an experienced borrower acquiring a single-family residence set on nine acres in Bedminster, New Jersey. Proceeds support the purchase along with a cosmetic renovation program designed to refresh the home and enhance its market position. The loan is structured at approximately 65% LTV, leaving meaningful equity beneath Stormfield’s position. Underwriting weighed the property’s acreage, the renovation scope and the sponsor’s experience, with moderate leverage supporting the structure. The transaction reflects Stormfield’s approach to hard money lending on single-family acquisitions with a defined cosmetic renovation plan.