Closed! Hard Money Loan in Los Angeles: $758,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Unit, 62.22% CLTV

Brokers, Los Angeles, Recent Transactions

1. Loan Purpose: Successful Mortgage Vintage borrowers and successful real estate investors sought a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. 100% of the funds from our loan proceeds will be put into Funds Control to reconfigure the existing Duplex and add 2 new fully permitted ADU…

Done Deal! Hard Money Loan in Laguna Beach: $1,010,000 @ 13.99%, 2nd TD, Cash-Out, Condo,60.83% CLTV

Brokers, Laguna Beach, Recent Transactions

Borrowers sought a business purpose 2nd Trust Deed on this fully remodeled, ocean-front, owner-occupied condominium in the private community of “Laguna Lido” in Laguna Beach near popular Thousand Steps and Table Rock beaches. The purpose of this loan is to pay off an existing $484K 2nd TD in good standing and the balance will be…

Recently Funded Hard Money Loan in Dublin: $335,000 @ 14.50%, 2nd TD, Refinance, Single Family Residence, 63.10% CLTV

Brokers, Dublin, Recent Transactions

1. Loan Purpose: Successful Mortgage Vintage borrower, business owner and real estate investor seeking a business purpose refinance 2nd TD on this owner occupied SFR in Dublin, Alameda County, CA.  Borrower’s current and in good standing on his conventional 1st TD. The balance is at $1,432,000 and has an interest rate of 3.99%. Funds from…