San Diego Private Lending Market Proving Strong as Source Capital Funding Achieves Record Results in November
As San Diego home prices continue to decline for the sixth consecutive month, Source Capital Funding, Inc., a San Diego-based private real estate lender, maintains its record pace in 2010, as the firm finishes the month of November having closed 48 loans and funded $10.425MM in loans, year-to-date. The company anticipates closing at least $11MM in loans by the end of 2010 as prospective borrowers continue to find opportunities to purchase real estate at the lowest prices in years. Source Capital Funding and its investors fund low-risk, first trust deeds with solid monthly ...