NORWALK, CT   – Helvetica funded a $2,400,000 bridge loan secured by a  luxury single family home, in a private coastal community in Norwalk, CT.  The borrower  needed a quick close to payoff a defaulted loan and get cash out to pay for recent renovation expenses.  The property was vacant and listed for sale.   Inconsistent income, a loan default, poor credit and vacancy prevented this borrower from getting bank financing.