Recently Funded Hard Money Loan in Riverside: $193,000 @ 13.25%, 2nd TD, Single Family Residence, Cash-Out, 60.00% CLTV

Successful business owner and general contractor sought a business purpose, cash-out 2nd TD on this owner occupied SFR in Riverside, CA.  Proceeds from our loan will be invested back into the borrower’s construction business, Quest Construction Builders & Contractors. Quest has seen increased growth since its inception and our loan proceeds will help expand and keep up…