Real estate investor and self-employed borrower was seeking a business purpose cash-out refinance to payoff existing 1st TD and make improvements to the property. Subject is a 2-story, 4-unit multi-family property located in Los Angeles. Property measures 2,810 sf of gross living area, and is situated on a 4,996 sqft lot. Property consists of two…
Recently retired 766 & 715 fico score borrowers were in the process of selling their long time primary residence to buy a retirement home in the state of Washington. To accomplish this move, the borrowers needed a 2nd TD Bridge Loan for the downpayment of their new residence. The subject property is a two-story, SFR…
Business owner and 17-year property owner was seeking a business purpose cash-out 2nd TD on this owner occupied condo in Santa Monica to invest back into her casting agency, AYC Casting, LLC. Subject property is a single-story condo in a two story building. Subject is 874 sqft with 2 BR/1 BA and a detached 1-car…
Real estate investor, 11-year full-time employee with the same company and 679 credit score borrower was seeking a business purpose cash-out refinance 1st TD to make improvements to this non-owner occupied investment property. Subject property is a two-story, SFR located in Costa Mesa at the end of cul de sac. The subject is 2,413 sqft…
787 FICO score borrower and real estate investor was seeking a business purpose purchase loan to fix-and-flip this single family residence in San Bernardino County. Borrower was currently in escrow with purchase price $20,000 less than the BPO As-Is value. Subject is a single-story SFR home sitting on a large 7,000 sqft lot. The home…
Mortgage Vintage and CrowdTrustDeed offer full Spanish speaking capabilities to all stakeholders Mortgage Vintage provides hard money lending guidance in both Spanish and English. As a fluent Spanish speaker, I easily communicate with our Hispanic borrowers. The opportunity to speak in Spanish allows the Hispanic borrower to comfortably review the loan scenario without concern…
Recent Transaction – $350,000 Business Purpose, Ladera Ranch, CA Real Estate investor and business owner was seeking a cash-out 2nd mortgage for working capital for his custom home building business, SC Homes. Subject Property is a beautiful 2-story, 5 BR / 5 BA contemporary SFR situated in the Covenant Hills area of Ladera Ranch, CA.…