Location: Dallas, TX
Loan Amount: $1,050,245
iFC Loan Product: Fix and Flip – Heavy Renovation
Property Type: (1) Single Family Home
Loan Closing Date: 10/28/22
Purchase Price: $485,000
Construction Budget: $750,583
Loan to Cost: 85%
Length of Loan: 12 months
We approached this borrower directly after seeing their local projects in Dallas, Texas.
The borrower had a set closing date on a purchase and needed to close within 15 days with favorable terms.
Jack Pagliarini, one of iFC’s diligent loan officers, moved the client seamlessly through the process, helping to get all documentation in place in time to ensure a timely and efficient closing. This borrower was extremely prepared, sending their documents over right away as we started the process, which also helped everything go quickly.
This client had a reliable lender that they knew could get them to the closing table within their timeline.