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Refinance
30545 Estero St
Temecula, California 92592
The borrower has the well-known KHM grape farm in Temecula and operates the well-known KHM grape farm in Temecula, supplying grapes and various agricultural products to supermarkets.
Loan TypeRefinance
Property Type1 - 4 Unit Residential
Appraisal Value$ 1,500,000
Requested Loan Amount$ 1,000,000
Combined Loan to Value (CLTV)66.67%
Interest Rate14%
Loan Term1 Year
OccupancyRental
Created AtJan 4, 2025, 6:22 PM
Updated AtJan 4, 2025, 6:22 PM
Loan purpose
The borrower’s family owns a 300-acre grape farm with 7 lots and wants to expand its cooling storage to 20,000 square feet due to changing weather patterns. They are growing grapes on 100 acres. https://www.redfin.com/CA/Temecula/30545-Estero-St-92592/home/22753425 https://www.zillow.com/homedetails/30545-Estero-St-Temecula-CA-92592/54967262_zpid/
Exit plan
The borrower will repay the debt during next year’s grape harvest.
Requested Loan Amount:
$ 1,000,000
Loan Type: Refinance
Contact:
[email protected]213-804-9555
JK
john kim