Construction Loan - Pontiac, MI

Location: Pontiac, MI.
Borrower Profile: New Client.
Work Description: Construction Loan.
Purchase Price: Client already owned the property.
Loan Amount: $130,000.
Loan Structure: 6 Months, Interest Only Payments.
Situation: This was a quick and easy construction loan for this beautiful home in Pontiacs Historic Indian Village. The current owner is going to use the funds to restore the home and bring it back to life.