Recently Funded Hard Money Loan in Escondido: $85,000 @ 8.50%, 1st TD, Cash-Out, SFR & Land, 10.63% LTV

Borrowers sought a 1st Trust Deed to complete final minor construction on this SFR investment Non Owner Occupied property in Escondido, San Diego County, CA.  100% funds from this loan will go into Funds Control to lay concrete for driveway, finalize 433A Permanent install septic and certificate of occupancy. Borrowers have invested 445K personal “skin…