Recent Transaction in Newport Beach: $820,000 @ 7.25%, 1st TD, SFR, 48.24% LTV
Successful Mortgage Vintage borrower sought a business purpose cash-out 1st TD on this owner-occupied property in Newport Beach, Orange County, CA. Funds from our loan will be used to provide additional working capital for a growing Gaming business opportunity, Innovative Marketing Concepts, Inc. This new loan will provide additional cash out for the business and…
