Loan Summary Successful repeat Mortgage Vintage borrower, President/Owner of a downtown San Diego family law practice and experienced real estate investor, sought a 1st Trust Deed business-purpose cash-out refinance secured by 106.16 acres of land located in the heart of Temecula’s Wine Country, approximately 13 minutes east of downtown Temecula in Riverside County, CA. The…
1. Loan Purpose The previously successful Mortgage Vintage Borrower sought a business-purpose loan secured by an existing 8-unit multifamily asset in Los Angeles. Loan proceeds will be used to refinance an existing Mortgage Vintage 1st Trust Deed and provide remodel funds and small cash-out liquidity to the borrowing entity. Based on the information provided, the transaction…
Brief Overview Successful repeat MVI borrowers and business owners sought a 2nd TD business purpose cash-out loan secured by an owner-occupied Estate SFR in the highly desirable “Hollywood Hills” neighborhood, with panoramic ocean, downtown LA city, the Hollywood Sign and Griffith Observatory views. The funds will be used to pay off a current, and good…
Loan Summary: Borrower, real estate investor and business owner sought a $1,200,000 business purpose 1ST Trust Deed loan on this “Free and Clear” – no debt – owner-occupied well-maintained industrial-office building within Pacific Business Center, a planned business park, in the City of Tustin, Orange County. The loan proceeds will be used for working capital in…
Loan Purpose Repeat MVI borrower refinanced existing debt secured by an industrial property located in Palm Springs, California. Loan proceeds will be used to retire the current 1ST TD with Mortgage Vintage that is maturing and a 2nd TD to consolidate the capital structure into a new 1ST TD. The loan is business-purpose and secured by a non-owner-occupied…
1. Loan Purpose The borrower obtained a business-purpose, non-owner-occupied loan secured by the subject property to provide funds for a separate real estate development project in Los Gatos, CA. The borrower is a General Partner in a Residential Development Real Estate Fund focusing on SFR development in the Bay Area. Proceeds from the new 2nd Trust Deed are structured…
Loan Description: CrowdTrustDeed is pleased to present a $250,000 2nd Trust Deed investment secured by a Duplex in Tujunga, California owned by a borrower. The loan is structured as a business purpose, interest-only cash-out loan to an owner-occupied borrower. The 1st TD is at 4.75% and The property is supported by an as-is Broker Price Opinion…
Loan Purpose Real estate investor sought a 1st / 2nd TD blanket loan to purchase this investment condo property on the golf course in the Monterey Country Club community of Palm Desert, Riverside County, CA; borrower is using his SFR investment property in San Clemente, Orange County, CA as business purpose cash-out collateral. The 1ST TD on the…
Loan Summary: Current successful Mortgage Vintage Borrower and business owner sought a cash-out 2nd TD on this owner-occupied SFR in Orange County. Proceeds from this loan will be invested into expanding the borrower’s company. The 1st Mortgage principal balance is $1.302 Mil. at a 3.50% interest rate. Property Summary: Our subject property is a beautiful…
Brief Overview Loan Summary: Borrower and business owner sought a $350,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Corona Del Mar, Orange County, CA. The loan proceeds will be used for working capital in borrower’s financial services company. Property Description: The subject property is a well-maintained single-family residence located in…
Brief Overview Loan Summary Business owner sought a $180,000 business purpose 2nd Trust Deed cash out loan on this owner-occupied SFR and 3 non owner occupied ADUs, in Hawthorne, Los Angeles County, CA. The borrower will be using the loan proceeds to complete the 3 ADUs. The ADUs are 90% complete. This loan is based on…
Loan Purpose Current successful Mortgage Vintage borrower sought a cash out 2nd TD to finish construction. The loan is structured as a business-purpose, non-owner-occupied second trust deed to provide capital for the continued renovation and ADU conversion of the subject property. Loan proceeds are intended to support construction and improvement activities designed to enhance the property’s utility and…
Brief Overview Loan Scenario: Successful repeat borrower sought a $330,000 2nd Trust Deed business purpose cash out loan on this owner-occupied SFR property in Woodland Hills, Los Angeles County, CA. The funds from this loan will be used to pay off business-purpose junior liens in good standing that are maturing, and the balance will be invested…
Loan Description: Real estate investor and flipper sought a $115,000 2nd Trust Deed business purpose cash out loan on a recently renovated SFR in Mammoth Lakes, Mono County, California. The funds from this loan will be used for working capital until the investment property is sold. The 1st trust deed is in good standing, with…
Loan Description: Business Owner and property owner/user is seeking a $1,375,000 business purpose 1st Trust Deed loan on this mixed-use Commercial/Warehouse/Residential investment property in Signal Hill, Long Beach, CA. The borrowers will be using the loan proceeds to pay off an existing $849k 1st and $50k 2nd TD, property taxes and prepaid interest of 6…
Loan Description: Business owner is seeking a $100,000 business purpose 2nd Trust Deed cash out loan on this owner-occupied SFR in “Sun Hill Estates” on a cul-de-sac with and Angeles National golf course views in Sunland, Los Angeles County, CA. The borrower will be using the loan proceeds for working capital for borrower’s construction company. The…
Brief Overview Loan Summary: Borrowers sought a $374,500 Second Trust Deed secured by the Condominium property located in Hermosa Beach, CA. The loan is structured as a Owner Occupied Business Purpose Cash-Out in 2nd position, supported by an estimated property valuation of $2,370,000 and an existing 1st TD balance of $1,166,000, resulting in a combined…
Brief Overview Loan Scenario: Business owner sought a $430,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied detached condo in Portola Springs Community of Irvine, Orange County, CA. The borrower will be using the loan proceeds to pay off a current and in good standing existing 2nd TD loan, and the balance…
Brief Overview Loan Description: Co-Borrowers, Real Estate Investors and and previous successful MVI Borrowers sought a $1,300,000 Purchase loan to buy a new investment property in Seal Beach, CA. The purchase price is $3.25 Mil. and the borrower is bringing in $1.95 Mil. as a down payment. Subject BPO value came in at $3.42 Mil.…
Brief Overview Loan Scenario: Repeat Mortgage Vintage and CrowdTrustDeed borrower, Realtor and Business Owner sought a business purpose cash-out 2nd Trust Deed on his principal residence to further his Real Estate Investment and Property Management business. Borrower is a well-established and very successful Realtor in Lake Elsinore and has est. 20+ single-family rental properties. Borrower…
Brief Overview 2nd Trust Deed Offering Description: Co-Borrowers, Real Estate Investors and previous successful MVI Borrowers sought a $500,000 Business Purpose Cash Out 2nd Trust Deed to finish construction on a Non-Owner Occupied Duplex Short Term Rental investment property in Newport Beach, CA. Borrower’s current and in good standing 1st Trust Deed is from PennyMac at a 7.125%…
Brief Overview Loan Summary Successful, repeat MVI borrower and business owner sought a $545,000 business purpose 2nd Trust Deed cash out refinance loan on this owner occupied SFR property with floor-to-ceiling panoramic ocean and hillside views on a cul-de-sac in Pacific Palisades, Los Angeles County, CA. The borrower will be using the loan proceeds to pay…
Brief Overview Trust Deed Description Real estate investors sought a $235,000 business purpose 2nd Trust Deed loan on this non-owner occupied fully renovated multifamily investment property in San Bernardino, San Bernardino County, CA. The borrowers will be using the loan proceeds to convert a 4 car garage into 2 ADUs to make it a 6 unit…
Brief Overview Loan Description Borrower and real estate owner sought a $225,000 business purpose 2nd Trust Deed cash out loan on this non-owner and owner occupied well-maintained 4-unit multifamily investment property building located in Dana Point, Orange County, CA—approximately one mile from Dana Point Harbor and walking distance to local shops and restaurants. The borrower will…
Brief Overview Loan Scenario Business owner sought a $520,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied SFR with canyon views in the desirable University City neighborhood of San Diego, San Diego County, CA. The borrower will be using the loan proceeds to pay off a current and in good standing…
Brief Overview Borrower and business owner sought a $1,390,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied, fully renovated SFR very well located in prestigious Beverly Hills, Los Angeles County, CA. The borrower will be using the loan proceeds to pay off an existing and in good standing $478K 2nd TD. The…
Brief Overview Loan Purpose: The borrower sought a $500,000 2nd Trust Deed secured by a single-family residence in Los Angeles. Loan proceeds will be used to complete the landscaping phase of a construction project, which includes an outdoor kitchen, hardscape, irrigation, lighting, and other exterior improvements. The full construction budget of $500,000 will be held…
Brief Overview Experienced real estate owner and developer sought a $600,000 business purpose 1st Trust Deed cash out loan on this non-owner occupied approximately 3 acres of “free and clear’ entitled land located in the prestigious ‘Country Club Estates’, a gated golf course community in Westlake Village, Ventura County, CA. The borrower will be using the…
INVESTOR RATE INCREASED TO 12.75% Borrowers and business owners sought a $2,800,000 business purpose 2nd Trust Deed cash out refinance loan on this owner occupied SFR investment property in “Dover Shores” by Newport Back Bay, the estuary and nature reserve area behind the coastal neighborhoods in Newport Beach, Orange County, CA. The borrowers will be using…
Brief Overview Loan Purpose: This is a 2nd Trust Deed loan on a non-owner-occupied property in La Quinta, CA. The borrower sought funds to bring their existing first mortgage current and to complete needed repairs on their rental property. The existing first trust deed with Kinecta Federal Credit Union has a balance of $846,432 with…