Recently Funded Hard Money Loan in Hemet: $120,000 @ 13.00%
Business owner sought a small $120K 2nd Trust Deed business purpose on this owner-occupied SFR in Hemet, Riverside County, CA. 100% loan proceeds will be used for a capital infusion into the borrower’s elderly and disabled care services business. Exit strategy: borrower is a Veteran, VA consolidated refinance loan or business proceeds. The borrower’s 1st mortgage…
