Done Deal! Hard Money Loan in Corona Del Mar: $4,000,000 @ 9.75%, 1st TD, ADU, Cash-Out, Single Family Residence, 37.38%

Brokers, Corona del Mar, Recent Transactions

Successful Mortgage Vintage borrower, CEO and long-time successful business owner (Burger Busters, Inc.), burgerbusters.com,  sought a cash-out business purpose 1st TD on this non-owner occupied property located in the exclusive Cameo Shores neighborhood in Corona Del Mar, CA.  BurgerBusters Inc. currently owns and operates 82 Taco Bell restaurants; including 74 free-standing Taco Bell restaurants, 5 Taco…

Recently Funded Hard Money Construction Loan in Riverside: $407,550 @ 13.50%, 1st TD, Cash-Out, Funds Control, 65.00% LTV

Brokers, Recent Transactions, Riverside, Riverside County

Successful repeat Mortgage Vintage Borrower with a 732 Fico score, sought this 1st TD to complete construction of a single family residence in the City of Riverside. Construction of the property is approximately 40% complete company and the loan proceeds will be used to complete the remaining 60% and pay off a current $67,500 purchase…