COMPLETED! HARD MONEY LOAN IN LYNWOOD: $150,000 @12.50%, 2ND TD, CASH-OUT REFI, MULTI-FAMILY, 18.37% CLTV
Mortgage Vintage funded a $150,000 business-purpose cash-out refinance secured by a non-owner-occupied four-unit residential property in Lynwood, California. The borrower leveraged the substantial equity in this fully leased quadruplex to access capital for business-purpose investment activities, with the stated goal of expanding and diversifying a broader real estate portfolio while strengthening overall cash position. This…
