Closed! Hard Money Loan in Escondido: $465,500 @ 12.00%, Land, 1st TD, 18.47% LTV

Successful, existing Mortgage Vintage Inc. borrowers, experienced real estate investors and business owners sought a 1st TD loan on a non-owner occupied orchard property in Escondido in the Highland Valley wine region in San Diego County, CA + one vacant land lot in Lake Elsinore, Riverside County, CA. The funds from the loan will be…

Recent Transaction in Placentia: $200,000, 2nd TD, Cash-Out, 40.86% CLTV, 8.50% Lender Rate

Successful real estate investors and existing, current Mortgage Vintage borrowers sought a business purpose cash-out 2nd TD on this NOO, 100% Rented, 22 Unit Multi-Family Residential building in Anaheim, CA. The funds from our loan will be used as a down payment on a 4-Plex real estate acquisition also in Anaheim, CA.  Borrowers existing, current…