Bridge loan to purchase new residence

Marquee Funding Group Funds $2,200,000 Bridge Loan in Toluca Lake

Marquee Funding Group recently closed a $2,200,000 private money bridge loan in Toluca Lake, California, providing a fast and strategic solution for a borrower looking to purchase a new residence. The transaction was originated by RJ, who structured the deal to ensure speed, flexibility, and security for all parties involved.

The loan carried a loan-to-value (LTV) of 48.89%, which reflects a conservative leverage position and provided strong collateral coverage for the lender. Secured in a 1st trust deed position, the loan was structured with an interest rate of 9.99%, striking the balance between favorable terms for the borrower and risk-adjusted returns for the lender.

Bridge loans like this are designed to help borrowers transition smoothly between properties. In this case, the financing enabled the client to secure their new residence without being forced to sell their existing home first. By leveraging Marquee’s private lending platform, the borrower was able to bypass the lengthy approval timelines and strict underwriting requirements of traditional banks, ensuring they could move quickly in a competitive real estate market.

This transaction underscores Marquee Funding Group’s expertise in providing tailored private money solutions that meet the needs of high-value borrowers across California. Whether the situation calls for purchase money loans, refinances, construction financing, or bridge loans, Marquee consistently delivers creative and efficient lending structures.

With its proven ability to close complex deals quickly and reliably, Marquee Funding Group continues to stand out as a premier private lender—empowering borrowers with the flexibility to act decisively on new opportunities while offering investors well-secured, income-generating loan placements.