Recently Funded Hard Money Loan in Garden Grove: $370,000 @ 9.00% Lender Rate, 2nd TD, 68.98% CLTV, Cash-Out

Successful, existing Mortgage Vintage Inc. borrowers and experienced real estate investors sought a 2nd TD business purpose cash out loan on this non-owner occupied SFR rental property in Garden Grove, Orange County, CA. The funds from this loan will be used towards a down payment on borrowers’ recent 10 unit apartment building real estate acquisition…