Recently Funded Hard Money Loan – Fontana: $208,000, 2nd, CLTV: 18.571%, Lender Rate: 11.5%
Real estate investor and long time business owners sought a business purpose cash-out 2nd TD on this non-owner occupied SFRs on one lot in Rancho Cucamonga. Proceeds from our loan will be used to bring in entitlements for what will be the future site of a 17 unit home development. The subject property is a…