Recently Funded Hard Money Loan in Dana Point: $1,510,000@ 13.00%, 2nd TD, Cash-Out, Single Family Residence, 60.09% CLTV
Repeat MVI borrower, very experienced 25 years developer and general contractor is sought a 2nd Trust Deed to pay off an existing, in good standing MVI $1.15M 2nd TD and the balance placed in Funds Control to complete this newly renovated 3 level, ocean-view SFR investment property in Capistrano Beach, Orange County, CA. Borrower is refinancing…