Successful business owners sought a small $275,900 2nd Trust Deed business purpose cash out loan on this fully renovated condominium in the desirable “Sea Island” guard gated community in Newport Beach, CA. 100% of the loan proceeds will be used to expand borrowers’ business consulting business. The borrowers’ 1st mortgage is current and in good standing…
Real Estate Investor, Business Owner & W2 Wage earner sought a cash-out 2nd TD on this non-owner occupied SFR in Visalia, Tulare County, CA. The borrower just purchased a third investment property in all cash and our loan proceeds will go towards the construction of a new SPEC home on that land. The borrower expects…
Business owners sought a $250,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Millbrae, San Mateo County, CA. 100% of the loan proceeds will be used to upgrade and expand the borrowers’ snack and beverage vending machine business. The borrower expects to see an significant increase in revenue and profitability by…
Successful Mortgage Vintage borrower and business owner sought a Blanket $334,658 2nd Trust Deed cash-out loan on these three non-owner-occupied duplexes in Los Angeles, Los Angeles County, CA. The loan proceeds will be used to help the borrower payoff another investment property in his real estate investment portfolio. The three separate 1st mortgages are all with…