Done Deal! Hard Money Loan in Rancho Mirage: $915,000 @ 9.50%, 2nd TD, Cash-Out, SFR, 64.91% CLTV

Brokers, Rancho Mirage, Recent Transactions

Business owner and real estate investor is seeking a cash-out 2nd TD of this owner occupied SFR in Riverside County.  Proceeds from this loan will be invested into the borrower’s investment business to pay for a build-out at their new office and build an online presence.  Borrower entered into a Lease with Option to Buy Agreement…

Recently Funded Hard Money Bridge Loan on Irvine: $915,000 @ 9.50%, 2nd, SFR, 65.00% CLTV

Brokers, Irvine, Recent Transactions

Successful business owners, real estate investors sought a cash-out 2nd TD Bridge Loan on their investment property in Irvine, Orange County, CA.  The funds from our Mortgage Vintage Bridge Loan will be used to purchase the borrower’s new primary residence in Newport Coast, CA. The borrowers are already under contract on this beautiful new home…