Recent Closings

$248,000 home loan in Jefferson County
Borrower was able to pay off existing bank mortgage, which had fallen behind. Borrower avoided foreclosure.


$4.1million loan closed for lease buyout of 300-room hotel
Borrower was able to buy out 20-year old lease option, and secure a second mortgage for renovations.


$500,000 closed for renovation of strip mall
Borrower was able to improve exterior, repave parking lot and replace roof. This allowed mall to attract higher paying tenants.


$109,000 consolidation home loan
Borrower was able to use existing equity to pay off high interest credit cards and a home improvement lien. Borrower now has one, lower payment.


$55,000 estate settlement on residential mortgage
Heir was able to payoff estate taxes and a medical lien, when she received title to the house after the death of her parent.


$100,000 first mortgage and three second mortgages on investment property
Local investor who owns single-family rentals was able to close purchase of one property, and borrow equity from three others to pay county taxes and have operating capital.


$320,000 bridge loan on development land
Local developer building 44 upscale condos on lot was able to secure building financing with a bridge loan on the land during development.

Action Loan Co., 143 West Market Street, Louisville, KY 40202