Recently Funded Hard Money Construction Loan in Newport Beach: $1,235,000 @ 11.00%, 2nd TD, Cash-Out, SFR, 67.16% CLTV
Successful business owners sought a business purpose cash-out 2nd TD on this owner occupied SFR in Newport Beach, Orange County, CA. The loan proceeds will be used to support the expansion of the borrower’s growing Telemedicine business “Pioneer Technologies Solutions” and the balance of the funds will be held in funds control and used to…