Recently Funded Hard Money Loan – Monrovia: $150,000, 2nd TD, 56.00% CLTV, 10.25% Lender Rate

Long-time business owners were seeking a business purpose cash-out 2nd TD on this owner occupied SFR in Monrovia in LA County. Proceeds from our loan will be used to help open a new location of the borrower’s restaurant business, Puebla Tacos. The subject property is a single level traditional style home sitting on a 6,888…