Temecula blanket loan

COMPLETED! HARD MONEY LOAN IN TEMECULA & PICO RIVERA: $386,000 @13.00%, 2ND TD, NOO INVESTMENT, SFR (BLANKET), 60.04% CLTV

Borrowers, Brokers, Investors, Recent Transactions, Temecula & Pico RiveraLeave a comment

Loan Purpose Mortgage Vintage successfully funded a $386,000 blanket 2nd Trust Deed as a rate and term refinance — no cash out — secured by two non-owner-occupied investment single-family residences located in Temecula, Riverside County and Pico Rivera, Los Angeles County, California. The purpose of this loan was to retire an existing, performing 2nd TD…

Los Angeles blanket loan

COMPLETED! HARD MONEY LOAN IN LOS ANGELES: $334,640 @12.00%, 2ND TD, BLANKET, MULTI-FAMILY, 59.00% CLTV

Borrowers, Brokers, Investors, Los Angeles, Recent TransactionsLeave a comment

Loan Purpose Mortgage Vintage successfully funded a blanket second trust deed cash-out loan totaling $334,640, secured by three non-owner-occupied duplexes in Los Angeles, California. The borrower, an experienced real estate investor and repeat Mortgage Vintage client, used the loan proceeds to support business-purpose investment activities within an existing real estate portfolio. The loan was originated…