Recently Funded Hard Money Loan- Anaheim: $382,500, 1st TD, 45.0% LTV, 10.50% Lender Rate
Repeat, current Mortgage Vintage borrower with several successful transactions with MVI and a highly experienced builder/developer was seeking a business purpose cash-out 1st TD of these two vacant lots with approved plans in Anaheim, Orange County. Funds from our loan will be used to develop the lots into two single family residences with two ADU…