Recently Funded Hard Money Loan in Costa Mesa; $230,000 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 52.02% CLTV

Successful repeat Mortgage Vintage borrower and long-time successful business owner sought a rate/term refinance 2nd TD on this owner-occupied SFR in Costa Mesa, Orange County, CA. Mortgage Vintage originated the current 2nd TD loan for this borrower last year and it has since matured. This new loan will payoff our existing business purpose loan and…