Stormfield Funded a $250,250 Fix and Flip Loan in Manchester, NJ.

Stormfield Capital funded a $250,250 fix and flip loan for the purchase and renovation of a single-family property in Manchester, New Jersey, for a repeat Stormfield borrower. The 12-month facility was structured at approximately 63% LTV against a $394,500 underwritten value, reflecting sizing consistent with the planned scope of work involved. The borrower’s experience with a similar transaction in the same market and geography helped offset typical execution risk associated with a purchase-and-rehab structure. The sponsor’s track record, combined with Stormfield’s ability to move quickly for repeat clients, supported a lending decision consistent with a disciplined approach to renovation financing.