When speed matters, you
can count on BofI to deliver.
An experienced buyer required a lender who could structure a complex
acquisition loan and close quickly on a multifamily asset.
BofI immediately “fast-tracked” the loan and expertly coordinated Operations,
Underwriting, and Legal to seamlessly execute a 12-month bridge to
construction loan in 5 business days.
Just a few of the complexities solved included a structure that would permit
vacating the property while the renovation budget was finalized, a late decision
to add an additional floor to the property, as well as layered subentities with
foreign nationals who were out of the country.