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Loan Amount
$1,500,000
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LTV
50%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $1,500,000 cash-out bridge loan secured by a newly renovated single-family property in New Hope, Pennsylvania, currently under contract for sale. The 12-month facility allowed the borrower to access equity to finalize buyer requests ahead of the scheduled closing. The loan was structured at approximately 50% LTV against a $3,000,000 underwritten value, reflecting a highly conservative leverage position relative to the recently completed renovation work. The property’s under-contract status and low relative cost basis helped support the collateral position, consistent with Stormfield’s disciplined approach to stabilized cash-out financing near closing.
