My Loans
Loans Details
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Loan NameMercer Country Portfolio LLC
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Loan Number35740
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Account NameStark Enterprises
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Term24 Months
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Loan Size$9,000,000
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Over LOC CommitmentNo
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ExpiredNo
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Advance Period Days In Months12 months, 5 days
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Asset Maturity Days365 day
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Days Remaining259
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StageClosed Won
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Close DateMar 8, 2021
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Product TypeCredit Line
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Product Sub-TypeRenovation
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Interest Rate TypeFixed
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Interest Rate9.95%
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Max LTC %80%
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Max LTC %80%
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Max LTV %70%
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Origination Fee %0%
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Advance Fee %1%
| Loan Status Milestone | Corevest Deal Team Member | Date | Completed |
|---|---|---|---|
| Initial Screening and Diligence | CM Originator | 2/1/2021 | |
| Term Sheet Signed/Deposit Collected | CM Originator | 2/2/2021 | |
| Submission to Underwriting | CM Originator | 2/2/2021 | |
| Kkk-Off | CM Underwriter | 2/4/2021 | |
| In Due Diligence | CM Underwriter | 2/5/2021 | |
| In Underwriting | CM Underwriter | 2/5/2021 | |
| In Closing | CAF Closer | 2/5/2021 | |
| Wire Scheduled | CAF Closer | 2/5/2021 | |
| Loan funded/Closed Loa | CAF Closer | 2/5/2021 |
My Documents
Loan Level
Financials
Background/Credit
2 Months Bank Statement
Bank Statement of June 2021.pdf
Bank Statement of July 2021.pdf
Property Level

