Done Deal! Hard Money Loan in Newport Beach: $500,000 @ 10.50%, 2nd TD, Cash-Out, Single Family Residence, 55.51% CLTV

Successful real estate investor and business owner sought a $500,000 business purpose 2nd Trust Deed loan on this non-owner occupied SFR investment property in Newport Beach, CA. The borrower is the Founder and CEO of Ducere Global Business School and will be using the loan proceeds for working capital and business expansion. Ducere currently has offices in the…

Recently Funded Hard Money ADU Loan in Santa Barbara: $340,000 @ 13.25%, 2nd TD, Cash-Out, Single Family Residence, 58.21% LTV

High FICO real estate investor and successful business owner sought a $340,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Santa Barbara, CA. The borrower was recently awarded an investment property in a divorce which has a few code violations that need to be repaired.   To confirm, our subject property is the Owner…

Closed! Hard Money Cannabis Loan in Adelanto: $1,848,000 @ 17.50%, 2nd TD, Commercial, Cash-Out, 54.43% CLTV

Very successful, current MVI borrower with a consistently “on time” paying track record sought a 2nd TD cash out refinance loan on this 38,000 SF commercial building in Adelanto, CA. The purpose of this loan is to pay off an existing, current and in good standing Mortgage Vintage 2nd TD that is maturing in June 2023 as…

Done Deal! Commercial Hard Money Loan in Whittier: $400,000 @ 15.00%, 1st TD, Cash-Out, 39.22% LTV

Successful long-time business owner of “Rincon De Guayabitos” restaurant and his Construction Business Owner sought a 1st Trust Deed cash out refinance on this mixed-use commercial/residential property in Los Angeles, CA. Our borrower purchased the property with a partner in 2006 and the partner has since passed away and our borrower is the sole owner. …

Recent Hard Money Transaction in Los Angeles: $110,000 @ 11.50%, 2nd TD, Cash-Out, Duplex, 55.63% CLTV

Business owners sought a small $110K 2nd Trust Deed business purpose loan on this owner-occupied + rental Duplex in Los Angeles, CA.  100% loan proceeds will be used to upgrade and expand borrowers’ landscaping business. The borrower’s 1st mortgage is with Wells Fargo and has a principal balance of $326,707 with a fixed interest rate of…

Recently Funded Hard Money Loan in Hemet: $120,000 @ 13.00%, 2nd TD, Cash-Out, Single Family Residence, 58.46 CLTV

Business owner sought a small $120K 2nd Trust Deed business purpose on this owner-occupied SFR in Hemet, Riverside County, CA.  100% loan proceeds will be used for a capital infusion into the borrower’s elderly and disabled care services business. Exit strategy: borrower is a Veteran, VA consolidated refinance loan or business proceeds. The borrower’s 1st mortgage…

Closed! Hard Money Loan in Fullerton: $80,00 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 41.93% CLTV

Successful Business Owner was in search a small business purpose cash-out 2nd Trust Deed on this owner-occupied SFR in Fullerton, Orange County, CA.  Loan proceeds will be used for a capital infusion and expansion into the borrower’s manufacturing business, New Era Uretane, Inc. The exit strategy from our loan is a refinance within the next 12-18…

Done Deal! Hard Money Loan in Newport Beach: $950,000 @ 11.50%, 2nd TD, Cash-Out, Single Family Residence, 58.11% CLTV

Business owner and real estate investor sought a $950K 2nd Trust Deed loan on this owner-occupied SFR located in Newport Beach, Orange County, CA.  Loan proceeds will be used for Borrower’s Date Cultivation, packaging and sale business (Fountainhead Shrugged, LLC).  The borrower secured Walmart as an account for their Coachella grown Dates and needs money to…

Closed! Hard Money Construction Loan in Apple Valley: $542,960 @13.50%, 1st TD, Single Family Residence, 78.34%LTV

3x Successful Mortgage Vintage borrowers and 30+ years experienced residential developers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 55+ SFRs similar to this subject property in this same…

Recently Funded Hard Money Commercial Loan in Rancho Cucamonga: $2,250,000 @ 13.00%, 1st TD, Cash-Out, 44.91% LTV

30 year plus very experienced, successful commercial real estate investors and business owners of “Vivative Ventures Inc.”, a team of real estate professionals who specialize in revitalizing commercial buildings, sought a 1st Trust Deed refinance loan on this commercial building that is fully entitled, zoned GC – General Commercial in the heart of Rancho Cucamonga, San…

Recently Funded Hard Money Loan in Agoura Hills: $175,000 @ 10.00%, 2nd TD, Cash-Out, Single Family Residence, 39.93% CLTV

Successful Mortgage Vintage repeat borrowers and on-time payers sought a small cash-out 2nd TD on this owner occupied SFR in Agoura Hills.  Borrowers are highly experienced real estate agents specializing in high end residential estate properties in the Malibu area with several multi-million dollar listings.  Borrowers are seeking a loan to invest into their real…

Done Deal! Hard Money Loan in Los Angeles: $352,000 @ 11.99%, 1st TD, Single Family Residence, Cash-Out, 56.17% CLTV

Successful business owner sought a $352,000 business purpose 2nd Trust Deed loan on this non-owner-occupied investment SFR in the Hollywood Hills of Los Angeles, CA. The borrower lives in Miami, Florida and will use the funds to finish cosmetic upgrades on this home so that he can sell the property in 3-6 months for maximum…

Recently Funded Hard Money Loan in Riverside: $193,000 @ 13.25%, 2nd TD, Single Family Residence, Cash-Out, 60.00% CLTV

Successful business owner and general contractor sought a business purpose, cash-out 2nd TD on this owner occupied SFR in Riverside, CA.  Proceeds from our loan will be invested back into the borrower’s construction business, Quest Construction Builders & Contractors. Quest has seen increased growth since its inception and our loan proceeds will help expand and keep up…

Recent Hard Money Transaction in Miranda: $931,000 @ 13.75%, 1st TD, Single Family Residence, Cash-Out, 49.00% LTV

Successful, repeat Mortgage Vintage borrowers, real estate investors and business owners sought a 1st TD business purpose cash out refinance loan on this mixed-use investment property in Miranda, Humboldt County, CA. The funds from this loan will be used to pay off a current and in good standing 1st $460K and a $250K 2nd TD (held by…

Closed! Hard Money Commercial Purchase in Fullerton: $1,570,000 @ 10.00%, 1st TD, 52.33% LTV

Very successful business owner and real estate investor is seeking a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. Mortgage Vintage facilitated the Seller’s purchase loan on this property 3 years ago. This loan will be replacing Mortgage Vintage’s existing and in good standing 1st Trust Deed with this new…

Recently Funded Hard Money Construction Loan in Chula Vista: $1,065,000 @ 11.00%, 1st TD, Land, 62.65% LTV

Very successful and experienced real estate investor of 20 + years, developer and President-Owner of privately held real estate acquisition, redevelopment and investment management company sought a 1st Trust Deed to build two SFRs on these two adjacent land parcels in Chula Vista, San Diego County, CA. Borrower had invested $520,000 “skin in the game” to…

Done Deal! Hard Money ADU Construction Loan in Los Angeles: $435,000 @ 12.25%, Duplex, 64.20% CLTV

Borrower is an Attorney and Partner at AALRR law firm in Pasadena, CA Borrower earns estimated $289K annual income from law practice. Borrower also had approx. $489K liquid assets which include $354K in retirement accounts. Borrower projects $34,800 monthly rental income from this sought after “Mid-Wilshire” location Four-Plex investment property when Two ADUs expansion completed.…

Closed! Hard Money Loan in Dana Point: $200,000 @ 11.00%, 2nd TD, Cash-Out, SFR, 45.63% CLTV

Successful repeat Mortgage Vintage borrowers sought a $200k business purpose 2nd Trust Deed loan on this non-owner-occupied investment rental SFR in Dana Point, Orange County, CA. The use of funds from our new loan will be applied towards minor upgrades to subject property as well as other investment properties borrowers own. Borrowers’ existing and in…

Closed! Hard Money Purchase in Adelanto: $456,000 @ 14.50%, 1st TD, Land, 15.00% LTV

Successful, repeat Mortgage Vintage borrower and business owner, operator and real estate owner of “Stay Elevated LA” cannabis brand and existing cultivation center in Van Nuys, Los Angeles sought a 1st Trust Deed business purpose cash out loan on this entitled land in Adelanto, San Bernardino County, CA. Borrower’s “skin in the game” to date on…

Recently Funded Hard Money Commercial Purchase in Fullerton: $1,946,700 @ 10.50%, 1st TD, 64.93% LTV

Very successful real estate investor and business owner of 45 years sougth a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. In addition to our loan, borrower is bringing in $1,290,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $1,051,250. The…