Done Deal! Purchase Bridge Loan in Downey & Fullerton: $1,308,000 @ 9.50%, 1st & 2nd TD, SFR, 55.29% CLTV
Borrowers sought a 1st and 2nd TD cash-out bridge loan cross-collateralized on their current primary residence SFR in Downey, Los Angeles, CA and their future primary residence SFR in Fullerton, Orange County, CA. The funds from our loan will be used towards purchasing the Fullerton subject property currently in escrow while they are prepping to…