Closed! Hard Money Loan in Signal Hill: $1,375,000 @11.25%, 1st TD, Cash-Out-Refinance, Commercial, 55.00% CLTV

Brokers, Recent Transactions, Signal Hill

Loan Description: Business Owner and property owner/user is seeking a $1,375,000 business purpose 1st Trust Deed loan on this mixed-use Commercial/Warehouse/Residential investment property in Signal Hill, Long Beach, CA. The borrowers will be using the loan proceeds to pay off an existing $849k 1st and $50k 2nd TD, property taxes and prepaid interest of 6…

Done Deal! Hard Money Loan in Sunland: $100,000 @ 12.25%, 2nd TD, Cash-Out, SFR, 64.39% CLTV

Brokers, Recent Transactions, Sunland

Loan Description: Business owner is seeking a $100,000 business purpose 2nd Trust Deed cash out loan on this owner-occupied SFR in “Sun Hill Estates” on a cul-de-sac with and Angeles National golf course views in Sunland, Los Angeles County, CA. The borrower will be using the loan proceeds for working capital for borrower’s construction company. The…