Alhambra hard money loan

COMPLETED! HARD MONEY LOAN IN ALHAMBRA: $1,105,000 @10.00%, 1ST TD, CASH-OUT REFI, SFR, 65% CLTV

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Loan Purpose Mortgage Vintage successfully funded a $1,105,000 business-purpose cash-out refinance secured by a first trust deed on a non-owner occupied single-family residence in Alhambra, Los Angeles County, California. The borrower, an experienced real estate investor with a 687 FICO score and approximately $400,000 in verified cash reserves, used the proceeds to retire an existing…

El Dorado Hills commercial loan

COMPLETED! HARD MONEY LOAN IN EL DORADO HILLS: $200,000 @14.00%, 2ND TD, INVESTMENT PROPERTY, OFFICE, 59.84% CLTV

Borrowers, Brokers, El Dorado Hills, Investors, Recent TransactionsLeave a comment

Loan Purpose Mortgage Vintage successfully funded a $200,000 second trust deed business-purpose cash-out bridge loan secured by a non-owner-occupied, two-story multi-tenant commercial office and retail property located in an established business corridor in El Dorado Hills, California. The borrower sought this El Dorado Hills commercial loan to support general working capital, maintain portfolio reserves, cover…