Recently Funded Hard Money Loan in Mission Viejo: $113,000 @ 9.50%, 2nd TD, Cash-Out, SFR, 39.56% CLTV

Business owner sought a cash-out 2nd TD of this owner occupied SFR in Orange County.  Proceeds from this loan will be invested back into the borrower’s financial advisory business (https://www.thurmondfinancial.com/). Our subject property is a beautiful two-story SFR located in a gate community in Mission Viejo and sits on a 6,000 sqft lot.  The subject was…