Cetan Funds recently funded the construction of a spec home in Sweet Home, Oregon. The builder will be building a spacious home with high-end finishes to eventually refinance and hold as a rental in a new subdivision. The homes in this subdivision overlook a beautiful reservoir and provide new housing to a growing number of local residents seeking upscale homes.

Loan Purpose

Residential Construction

Location

Sweet Home, Linn County

Loan Terms

$285,000 at 13% interest for 12 months