Recently Funded! Hard Money Loan in Hermosa Beach: $374,500 @11.00%, 2nd TD, Cash-Out, SFR, 65.00% CLTV

Brokers, Hermosa Beach, Recent Transactions

Brief Overview Loan Summary: Borrowers sought a $374,500 Second Trust Deed secured by the Condominium property located in Hermosa Beach, CA. The loan is structured as a Owner Occupied  Business Purpose Cash-Out in 2nd position, supported by an estimated property valuation of $2,370,000 and an existing 1st TD balance of $1,166,000, resulting in a combined…

Closed! Hard Money Loan in Irvine: $430,000 @12.00%, 2nd TD, Cash-Out-Refinance, Condo, 64.99% CLTV

Brokers, Irvine, Recent Transactions

Brief Overview Loan Scenario: Business owner sought a $430,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied detached condo in Portola Springs Community of Irvine, Orange County, CA. The borrower will be using the loan proceeds to pay off a current and in good standing existing 2nd TD loan, and the balance…

Done Deal! Hard Money Loan in Seal Beach: $1,300,000 @ 8.00%, 1st TD, Purchase, SFR, 38.01% CLTV

Brokers, Recent Transactions, Seal Beach

Brief Overview Loan Description: Co-Borrowers, Real Estate Investors and and previous successful MVI Borrowers sought a $1,300,000 Purchase loan to buy a new investment property in Seal Beach, CA.  The purchase price is $3.25 Mil. and the borrower is bringing in $1.95 Mil. as a down payment.  Subject BPO value came in at $3.42 Mil.…

Recently Funded! Hard Money Loan in Lake Elsinore: $300,000 @11.00%, 2nd TD, Cash-Out, SFR, 62.50% CLTV

Brokers, Lake Elsinore, Recent Transactions

Brief Overview Loan Scenario:  Repeat Mortgage Vintage and CrowdTrustDeed borrower, Realtor and Business Owner sought a business purpose cash-out 2nd Trust Deed on his principal residence to further his Real Estate Investment and Property Management business.  Borrower is a well-established and very successful Realtor in Lake Elsinore and has est. 20+ single-family rental properties.  Borrower…

Closed! Hard Money Loan in Newport Beach: $500,000 @10.50%, 2nd TD, Cash-Out, 2-4 Units, 60.47% CLTV

Brokers, Newport beach, Recent Transactions

Brief Overview 2nd Trust Deed Offering Description: Co-Borrowers, Real Estate Investors and previous successful MVI Borrowers sought a $500,000 Business Purpose Cash Out 2nd Trust Deed to finish construction on a Non-Owner Occupied Duplex Short Term Rental investment property in Newport Beach, CA. Borrower’s current and in good standing 1st Trust Deed is from PennyMac at a 7.125%…

Done Deal! Hard Money Loan in Pacific Palisades: $545,000 @ 12.50%, 2nd TD, Cash-Out-Refinance, SFR, 64.82% CLTV

Brokers, Pacific Palisades, Recent Transactions

Brief Overview Loan Summary Successful, repeat MVI borrower and business owner sought a $545,000 business purpose 2nd Trust Deed cash out refinance loan on this owner occupied SFR property with floor-to-ceiling panoramic ocean and hillside views on a cul-de-sac in Pacific Palisades, Los Angeles County, CA. The borrower will be using the loan proceeds to pay…