Recently Funded Hard Money Loan in Compton, CA for $198,000
Self-employed Borrower was seeking a Business Purpose Cash-Out Refinance to complete construction of a duplex in Compton. The funds will be used to payoff an existing loan and complete construction. $30,000 was collected for funds control. Borrower has put over $100K into the construction of the property. Subject is 80% complete and will be a…