Bridge Loan – San Diego

Marquee Funding Group Funds $1,150,000 Bridge Loan in San Diego, CA.

Marquee Funding Group has closed a $1,150,000 bridge loan, strategically structured as a cross-collateralized transaction between a departing residence in San Diego. This financing solution highlights Marquee’s ability to deliver creative and flexible loan structures that address complex borrower needs.

The loan proceeds were utilized to provide the borrower with liquidity during a transitional period, leveraging equity from multiple properties to secure the transaction. This bridge loan not only ensured the borrower had immediate access to funds but also allowed them to manage their move and financial obligations without unnecessary delays.

Structured as a first trust deed (1st TD) at an interest rate of 9.75%, the loan provided a strong yield for investors while maintaining borrower affordability. With a conservative loan-to-value ratio of 45.81%, the deal was carefully underwritten to protect the lender’s position while maximizing borrower flexibility.

This transaction was originated by Ellis Yi, who applied his expertise to navigate the complexities of a cross-collateralized loan and deliver a solution tailored to the borrower’s circumstances. His work reflects Marquee’s reputation for moving swiftly on unique financing requests that require outside-the-box thinking.

Bridge loans like this one demonstrate the advantages of private money lending: speed, adaptability, and the ability to secure funding based on real property assets rather than rigid institutional requirements. Marquee Funding Group continues to distinguish itself as a leading private lender, offering tailored financing for acquisitions, refinances, construction, and transitional needs.

By providing both flexibility for the borrower and security for the lender, this transaction exemplifies Marquee’s role as a trusted partner in private real estate lending.