Closed! Hard Money Loan in Woodland Hills: $100,000 @ 13.50%, 2nd TD, Cash-Out, Single Family Residence, 51.90% CLTV

Brokers, Recent Transactions, Woodland Hills

Borrower sought a small $100K 2nd Trust Deed business purpose cash out loan on this owner occupied SFR investment property in Woodland Hills, Los Angeles County, CA.  The funds from this loan will be invested into expanding the borrower’s chiropractic business. The borrower’s 1st mortgage has a principal balance of $598,000 with a fixed interest rate…