80% LTV, $1,540,000 Purchase, Personal Residence

OPPORTUNITY: A Bay Area real estate investor came to us for help in the purchase of a second home, in Phoenix Arizona. The property had been denied financing as an ‘unseasoned’ condominium project.
SOLUTION: We were able to overcome the objections to the condominium project and obtain a loan at favorable terms for a second home. In an expression of continuing confidence the same borrower closed two additional loans with us in the same year.


Steelhead Residential Funding is a mortgage brokerage in California (CA Dept. of Real Estate - Real Estate Broker #01400712) and Hawaii (Dept of Commerce and Consumer Affairs #MB 1264). Information provided by you to Steelhead Residential Funding through this website shall not be considered an application for a mortgage loan. An Equal Housing Lender. Steelhead Residential Funding is an independent company under the guidance of Steelhead Capital, Inc. Purchase and financing advice are offered as part of the full service nature of the lending process, however neither Steelhead Capital or its affiliates are responsible for investment decisions. No guarantees are offered or implied to visitors of this website. Thank you for your interest in working with a professional mortgage broker from Steelhead Residential.