Closed! Hard Money Loan in Los Angeles: $283,000, 2nd TD, 65.05% CLTV, Condo, 9.00% Lender Rate

Brokers, Los Angeles, Recent Transactions

Successful business owner sought a business purpose cash-out 2nd TD on this owner-occupied, luxurious high-rise condominium on Wilshire Blvd. in Los Angeles, CA.  Funds from our loan will be used to meet the booming demand for borrower’s government sponsored COVID testing and vaccination program for uninsured individuals. Borrower’s existing 354k 1st TD is current in…

Done Deal! Hard Money Loan in Whittier: $718,500 @ 10.00% Lender Rate, 1st TD, Cash-Out, 55.27% LTV

Brokers, Recent Transactions, Whittier

Experienced General Contractor and business owner sought a 1st TD construction loan on this permitted and entitled subject vacant lot property in Whittier, Los Angeles County, CA. The funds from our loan will be used to pay-off a small existing and current $100k 1st TD and the remaining $568k will be placed in Funds Control to build…