Marquee Funding Group has successfully funded a $2,160,000 purchase and construction loan in Malibu, California. This transaction highlights Marquee’s ability to provide comprehensive financing solutions that cover both property acquisition and construction, enabling borrowers to move forward confidently on high-value projects.
The loan was structured with a 9.25% interest rate, a 60% loan-to-value ratio, and a 60-month term. This combination gives the borrower a balance of security and flexibility—delivering the capital needed to purchase the property and complete construction, while providing ample time to execute the project and plan for an eventual refinance or sale.
In markets like Malibu, where demand for luxury residential properties remains strong, timing and creativity in financing are crucial. Traditional lenders often hesitate to fund construction projects, especially those tied to purchases, due to the added complexity and perceived risk. Marquee Funding Group specializes in filling this gap by offering customized private money loans that account for both acquisition and build-out, ensuring that projects can advance without delays.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
