Recently Funded Construction Loan in Santa Ana: $190,000 @ 14.50%, 2nd TD, Cash-Out, SFR, ADU, Junior ADU, 55.62%CLTV
Successful Mortgage Vintage Borrower, developer, and real estate investor and his partner sought a new business purpose 2nd TD construction loan to complete the construction of the SFR with an ADU and Junior ADU. The project is a permitted and entitled parcel in Santa Ana, CA . This funds controlled construction loan will allow the…