Borrower and real estate investor was seeking a cash-out 2nd TD to make home improvements to the subject property. The subject property is located in the Avalon Gardens neighborhood of Los Angeles. The single-story home sits on a 5,030 sqft lot and comprises 3 bedrooms and 1 bath with 898 sqft. The property is conveniently…
Borrower and real estate investor was seeking a cash-out 1st TD on this non-owner occupied property to make improvements to the same property. Property is a traditional 1-story duplex located in Rosemead in LA County. The subject property is zoned as a 2-unit but currently being used as SFR. The home is 1,320 sqft and…
Real estate investor and long-time auto manufacturer was the majority Tenant at this commercial property. Borrower joined forces with 2 partners for this purchase opportunity and once the purchase of the subject property was complete, the plans were to supplement the existing auto storage and auto assembly with auto manufacturing at the subject property. Borrower…
Long-time business owner was seeking a new 1st TD to payoff an existing hard money 1st on this owner occupied property as well as cash-out for his business. Property is a contemporary 2-story SFR in Martinez, CA in Contra Costa County. The subject is 1,686 sqft and sits on a lot measuring 2,720 sqft. The…
Real estate investors were seeking a 1ST TD to purchase this Gardena home from a family member. Our subject property is a ranch- style SFR built in 1939 and sits on a large 8,135 SF lot. The subject has 1,360 sqft of living space with 3 bedrooms, 1 bath and 2-car detached garage. The home…
What are the current opportunities in ADU Lending? New California laws effective in 2017 and 2018 provide clarification and fee assistance for the creation of ADUs. These new regulations clarify and improve various provisions of the law to promote the development of ADUs, including allowing ADUs to be built concurrently with a single-family home, opening…
Real Estate Investor was looking for a cash-out 1st TD on this investment property to make improvements and repairs to the same home. The subject property is a 1-story bungalow style property consisting of 976 s.f. on a 7,750 s.f. lot in Anaheim. Subject property has 5 total rooms with 2 BR and 1 BA. …
773 fico score borrower, previous successful Mortgage Vintage borrower, real estate investor and experienced “fix & flipper” was seeking a business purpose 1st TD to purchase this prime fix & flip opportunity in Orange County. Property is a traditional 1-story, 2 bdrm/1ba SFR located in Santa Ana. The Property measures 797 sf of gross living…
703 and 666 Fico score real estate investors and business owners were seeking a 1st TD to purchase this non-owner occupied SFR in Bonsall, CA. Bonsall is an agricultural, horse and grape growing community located in North San Diego County. Our subject property is a ranch-style SFR built in 1977 and sits on a Bonsall…
Real estate investor and long-time employee with the same company was seeking a new 1st TD on this LA County 4-unit non-owner occupied property to refinance the existing 1st TD and make minor repairs and upgrades to the subject property. The subject property is a fully rented 4-unit property in Inglewood. Built in 1950, the…
732 fico score borrower, real estate investor and long-time business owner was seeking a cash-out 2nd TD on this beautiful new Laguna Beach property. Proceeds from this loan were used for ongoing marketing expenses for this same property. Our subject property is a beautiful stunning SFR situated on a corner lot in Laguna Beach. The…