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Loan Amount
$550,000
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LTV
37.72%
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Term
12 Months
Transaction Overview
Stormfield funded a $550,000 cash-out bridge loan secured by a rented, free-and-clear single-family home in the Bedford-Stuyvesant neighborhood of Brooklyn, New York. The financing lets the owner access equity from an unencumbered, income-producing property while keeping the asset. The loan is structured at approximately 37.7% LTV, an exceptionally conservative level of leverage. Underwriting focused on collateral value, in-place rental occupancy and neighborhood demand, with the significant equity cushion providing downside protection. The transaction highlights Stormfield’s disciplined, low-leverage approach to lending on rented, free-and-clear, income-producing single-family residential collateral in Brooklyn, New York.
