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Loan Amount
$300,000
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LTV
29.37%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $300,000 cash-out bridge loan secured by a newly constructed, free-and-clear single-family investment property in Morrisville, Vermont. The 12-month facility allowed the highly experienced sponsors to access equity to secure additional real estate elsewhere. The loan was structured at approximately 29% LTV against a $1,021,500 underwritten value, reflecting a very conservative leverage position on a debt-free asset built entirely in cash. The property’s rural location carries typical market-related considerations, offset by the substantial equity cushion, supporting a lending decision consistent with Stormfield’s disciplined approach to low-leverage cash-out financing.