Recent Transaction in Newport Beach: $410,000 1st TD, SFR, 24.12% LTV, Cash-Out, 6.50% Lender
Borrower sought a business purpose cash-out 1st TD on this “Free & Clear” owner occupied property in Newport Beach, Orange County, CA. Funds from our loan will be used to invest in a new business opportunity. The subject property is single story, ranch style SFR in the highly desirable neighborhood of Newport Beach Heights,…