This beautiful new build was funded by Loan Ranger Capital. This property is in the West Lake Hills area of Austin, Texas. The previous lender had cut off the borrower, so Loan Ranger Capital came in to ensure the borrower could finish the project and make money.
The specific terms of the loan are as follows:
- Loan Amount – $650,000
- Term – 12 months
- Interest rate – 13.9%
- Loan Type – Construction