Recently Funded Hard Money Loan in Barstow: $110,000 @ 14.50%, 1st TD, Cash-Out, Detached Home, 57.89% LTV

Barstow, Brokers, Recent Transactions

Real Estate Investors and Business Owners sought a business purpose cash-out 1st TD on this ‘Free and Clear’ investment property in Barstow, San Bernardino County, CA. The subject property is a manufactured home on a permanent foundation (433a Certification on file) and has a tenant moving out at the end of the month. 100% of…

Done Deal! Hard Money Loan in Mount Shasta: $64,500 @ 13.25%, 2nd TD, Cash-Out, Single Family Residence, 62.50% CLTV

Brokers, Mount Shasta, Recent Transactions

Business owner and borrower sought a small $64,500 2nd Trust Deed business purpose loan on this fully remodeled, owner-occupied SFR in Mount Shasta, CA.  100% loan proceeds will be used for online marketing for borrower’s life coach consulting business. The borrower’s 1st mortgage has a principal balance of $348,000 with a fixed interest rate of 4.137%,…