Stormfield Funded a $375,000 Residential Bridge Loan in Rockaway, NJ.

Stormfield Capital funded a $375,000 cash-out bridge loan secured by a free-and-clear, newly built single-family property in Rockaway, New Jersey. The 12-month facility allowed the borrower to access equity quickly in order to close on another property elsewhere. The loan was structured with a highly conservative leverage position on a debt-free, newly constructed asset. The property’s new construction and the loan’s minimal leverage helped offset the execution risk of a fast-turnaround transaction, supporting a lending decision consistent with Stormfield’s disciplined approach to low-leverage, quick-close cash-out financing for time-sensitive borrowers.