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Closed Loan Details

Bridge Loan Secured by Seller Mortgage

Bridge Loan Secured by Seller Mortgage

Commonwealth Capital is pleased to announce that it recently closed a $715,000 Bridge Loan.  

  • Real estate investors in Cherry Hill, NJ
  • Funds used to pay off mortgages on retail property, pay closing costs, and fund interest reserve
  • Secured by assignment of seller-held mortgage and note on retail property that was sold to third party simultaneously with loan closing
  • 2.5 years - Interest Only
  • 26% LTV

Location: Camden County, NJ
Loan Size: $715,000

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See what our customers are saying about their experience in working with us

“Commonwealth Capital’s team of professionals consistently utilizes and demonstrates logic, care, and compassion. They are willing to talk about virtually every adverse credit issue in order to grasp a true understanding of the cause(s) and participate in the solution(s) throughout the entire lending process.”

L.C. | Broker

“Commonwealth Capital stepped in for us when other lenders said “no”. Their response to our request was timely and flexible. We are very glad to have found them and happy to recommend them to others.”

R.R. | Legal Services

"After evaluating my financial situation back in 2011 Commonwealth Capital provided the needed funding and cash flow to help my business operate. They listened to my concerns over the past 3 years and tailor made a plan to assist my company during this time of economic uncertainty, when other banks and lending institutions did not wish to get involved.”

J.B. | Healthcare Services

Membership and Associations

Commonwealth Capital holds memberships in several of the top loan industry associations.

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