Closed! Hard Money Loan in Indio: $120,000, 1st TD, Condominium, 61.54% LTV, Cash-Out, 8.00% Lender Rate

Successful, existing Mortgage Vintage Inc. borrower and experienced real estate investor sought a 1st TD business purpose cash out loan on this non-owner occupied condo rental property in Indio, Riverside County, CA. The funds from this loan will be used towards a down payment on a new real estate acquisition. The subject property is a…