---
title: HELVETICA FUNDS $450,000 REFINANCE OF MATURING DEBT SECURED BY CHURCH IN LOS ANGELES, CA
description: church loan, commercial real estate loans, commercial mortgage, commercial mortgage broker, commercial mortgage lender, private money, hard money
image: https://blog.helveticagroup.com/hubfs/Deal%20Photos/1519%20Hoover.jpg
---

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## HELVETICA FUNDS $450,000 REFINANCE OF MATURING DEBT SECURED BY CHURCH IN LOS ANGELES, CA

Posted by [Chad Mestler](https://blog.helveticagroup.com/author/chad-mestler) on Feb 4, 2017 4:34:39 PM

![](https://blog.helveticagroup.com/hubfs/Chad_Headshot-602093-edited.jpg)

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![1519 Hoover.jpg](https://blog.helveticagroup.com/hs-fs/hubfs/Deal%20Photos/1519%20Hoover.jpg?width=633&height=496&name=1519%20Hoover.jpg)

LOS ANGELES (August 3, 2016) - Helvetica refinanced a recently matured private money loan.  The borrower was a non profit that owned a chuch building located in Los Angeles.  The transaction was structured with a 20 year amortization and a 7 year maturity which enabled the borrower to payoff the existing debt as well as lower their monthly payment.   

 **Deal Highlights:**

- Non-traditional collateral
- Church Loan
- Credit Challenged
- Poor Payment History
- Balloon Refinance
- Low LTV

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