Recently Funded Hard Money Commercial Purchase in Fullerton: $1,946,700 @ 10.50%, 1st TD, 64.93% LTV

Very successful real estate investor and business owner of 45 years sougth a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. In addition to our loan, borrower is bringing in $1,290,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $1,051,250. The…

Done Deal! Hard Money Loan in Dana Point: $3,000,000 @ 10.25%, 2nd TD, SFR, Cash-Out, 31.58% CLTV

Successful Mortgage Vintage borrower, long time successful business owners (Burger Busters, Inc.), burgerbusters.com, with a 740 credit score is seeking a cash-out business purpose 2nd TD on this owner occupied ocean front property located in the ocean side community of Monarch Bay in Dana Point. The funds will be used to invest into the Borrower’s BurgerBusters…