Daily Archives: June 20, 2022

Recently Funded Hard Money Construction Loan in Santa Ana

Brokers, Recent Transactions, Santa AnaBy Sandy MV June 20, 2022

Successful Mortgage Vintage borrower, real estate investor and developer sought a cash-out 2nd TD on this non-owner occupied 3-unit investment property in Orange County. Proceeds from the loan will be used to complete construction of the triplex. Until recently, the subject was a 1,471 Sq Ft Single Family Residence. The funds from our loan will be…

Done Deal! Hard Money Loan in Beaumont: $132,000 @11.00%, 2nd TD, SFR, Cash-Out, 70.33% CLTV

Beaumont, Brokers, Recent TransactionsBy Sandy MV June 20, 2022

Successful business owner sought a cash-out 2nd TD of this owner occupied SFR in Riverside County. Proceeds from this loan will be used for the investment into a pizzeria franchise and to purchase equipment for the business. Our subject property is a beautiful two-story SFR located in Beaumont and sits on a 7,405 sqft lot. The…