COMPLETED! HARD MONEY LOAN IN POWAY: $425,000 @ 12.00%, 2ND TD, CASH-OUT REFI, SFR, 59.66% CLTV
Mortgage Vintage funded a $425,000 business-purpose cash-out refinance secured by an owner-occupied single-family residence in Poway, San Diego County, California. The borrower, a self-employed professional and business owner who had occupied the property for approximately 35 years, sought this Poway hard money loan to address working capital needs for an established professional services practice. Loan…