First Lien2015-10-012015-10-16https://info.peerstreet.com/wp-content/uploads/2018/04/peerstreet_logo.pngPeerStreethttps://info.peerstreet.com/wp-content/uploads/2018/04/peerstreet_logo.png200px200px
A first lien position has the first, or priority, position to benefit in the event of a default, foreclosure or other liquidation of the collateral backing the loan. PeerStreet’s loans are all secured by such senior liens on a property.