Recently Funded Hard Money Construction Loan in Santa Ana: $448,500 @ 10.25%, 2nd TD, Cash-Out, Tri-Plex, 62.98% CLTV
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…
