$400,000 Broken Priority Loan with $200,000 Increase
Phoenix, Arizona
Broken Priority Purchase, Renovation, and Increase Option
$600,000
- DMFI, L.L.C. loan to purchase and renovate a home in Phoenix, Arizona located in the very desirable neighborhood of light Arcadia area
- Borrower is adding over 1,400 livable square footage to the home including adding a pool and an over-sized two car garage, home to be completed with high-end finishes such as flooring, tile, custom metal doors and custom windows
- 12 month loan term for purchase/renovation costs with interest only payments and no prepayment penalty