Recently Funded Hard Money Loan- Los Angeles, $357,500 1st TD, 65.0% LTV, 9.0% Lender Rate
Borrower was seeking a no cash-out 1st TD to refinance this non-owner occupied SFR in Los Angeles. Borrower inherited the property from a family member and needed to payoff a reverse mortgage with our loan. The subject is a traditional style single level home with 5 total rooms consisting of 2 BR/2 BA and a…