Recently Funded Hard Money Loan – Inglewood: $393,750, 1st TD, 60.58% LTV, 9.50% Lender Rate

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…

Recently Funded Hard Money Loan – Laguna Beach: $250,000, 2nd TD, 55.65% CLTV, 9.00% Lender Rate

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…