Recently Funded Hard Money Loan in Riverside: $427,000 @ 8.50%, 1st TD, SFR, Cash-Out, 70.00% LTV

Previous and successful Mortgage Vintage borrower and Business owner sought a business purpose cash-out 1st TD on this non-owner occupied investment property in Riverside, CA.  Funds from our loan will be used to pay-off existing, current $216k 1st TD and the balance of funds will be used to invest in borrower’s business. The subject property…