Recently Funded Hard Money Loan in Manhattan Beach: $295,000 @ 10.50%, 2nd TD, SFR, Cash-Out, 44.00% CLTV
Successful and current Mortgage Vintage borrowers and business owners sought a business purpose cash-out 2nd TD on this beautiful Manhattan Beach SFR. Funds from our new Mortgage Vintage loan will be used to refinance the maturing 2nd mortgage held by Mortgage Vintage and to invest back into borrower’s video production company (Wholly Cow Productions). The…