Done Deal! Hard Money Loan in Santa Ana: $325,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 53.05% CLTV

Business owner sought this business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Santa Ana,Orange County, CA.  100% of the loan proceeds will be used to towards the borrower’s business, Harbor Sofas and Mattresses, to increase sales. Borrower states that he recently partnered with Wayfair to help expand his furniture business.  The…