Borrower was seeking a cash-out 1st TD Bridge Loan on her current primary residence in Garden Grove SFR in Orange County. The funds from our Mortgage Vintage Bridge Loan will be used to purchase the borrower’s new out-of-state primary residence. Borrower plans to sell this Garden Grove property within the next 12 months.
The subject is a two story traditional style SFR and was built in 1974. Property has 8 total rooms with 4 BR and 2.5 BA and an attached 2-car garage. Subject is 2,375 SF and sits on a 5,250 SF lot. The home is centrally located near the 22 and 405 freeways. Disneyland, Outlets at Orange, UCI Medical Center, schools, restaurants, shopping, recreation and medical facilities are all within close proximity.