$1.2M Construction Loan in Oregon
Project Description
Broadmark Realty Capital is excited to work with a new client to fund this $1.2 million construction loan for a single-family for-sale home located just 30-minutes from Downtown Portland. We were able to close the loan in two weeks with 80% loan-to-cost and 65% loan-to-value ratios.
The home will have three bedrooms, two bathrooms, and an attached three-car garage. There’s also a separate den/office, basement rec-room, and bonus room with a separate bathroom. In total, it will feature nearly 4,600 square feet of livable space on five acres.
Loan Details
Sherwood, OR
April 2021
$1,235,000
Contact Information
Douglas Swafford, Oregon & SW Washington
Mike Incrocci, Western Region
Bryan Graf, (NMLS ID 1438299), Western Region
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