Recently Funded Hard Money Loan – Newport Coast: $262,500, 2nd TD, 65.00% CLTV, 11.00% Lender

Real estate investor and long time Southern California real estate agent was seeking a cash-out 2nd TD on this owner occupied property in Newport Coast, Orange County.  Proceeds from this loan were used to help purchase another real estate investment property. The subject property is a very private Mediterranean style SFR that sits on a…

Recently Funded Hard Money Loan – Newport Beach: $85,000, 1st TD, 4.25% LTV, 9.00% Lender

Business owner was seeking a very low LTV cash-out 1st TD on this owner occupied Newport Beach SFR.  The proceeds from our Mortgage Vintage loan were used to invest back into the borrower’s psychology practice. The subject is a SFR located in a prime Newport Beach location.  The subject property is 2,123 SF and has…