sna multi family ft

Success Story – Santa Ana Multi Family

Success StoriesLeave a comment

Refinance of a newly built multifamily investment property in Santa Ana, CA 9.50% Annualized Lender Rate Loan structured with Net LTV of 63.08% Fully leased property generating $13,700/month in rental income Experienced borrower with 772 FICO and repeat MVI loan history Refinance of stabilized new construction investment property in Orange County This Santa Ana property…

Hawthorne multifamily loan

COMPLETED! HARD MONEY LOAN IN HAWTHORNE: $128,000 @13.75%, 2ND TD, CASH-OUT REFI, 4-PLEX MULTIFAMILY, 64.95% CLTV

Borrowers, Brokers, Hawthorne, Investors, Recent TransactionsLeave a comment

Loan Purpose Mortgage Vintage funded a $128,000 business-purpose cash-out refinance secured by a fourplex multifamily property in Hawthorne, Los Angeles County, California. The borrower, an owner-occupant residing in one of the four units, sought a second trust deed to retire a small existing junior lien, fund minor improvements to the three occupied rental units, and…