$4,700,000

Bridge Loan

Long Island's South Shore

First and foremost, we hope that you and your loved ones are safe and healthy in this highly uncertain time. We are healthy and working remotely and effectively. As you can see from the following, we are continuing to selectively provide new loans.

W Financial has provided a $4,700,000 first mortgage bridge loan secured by a beach club located on Long Island’s South Shore. The borrower required some working capital and W Financial was able to offer an attractive rate to refinance the existing mortgage. The borrower anticipates refinancing the bridge loan with conventional financing.