Done Deal! Recent Hard Money Purchase in Willow Creek: $780,000 @ 16.50%, 1st TD, Land/ Commercial, 30.00% LTV

20 years + business owner/operator borrower sought a 1st Trust Deed to purchase this commercial and agricultural land subject property in Willows Creek, Humboldt County, CA. Borrower bringing $260K “skin in the game” towards down payment and seller is carrying a 2nd Trust Deed behind our 1st TD. Property appraised for $2.6M and Purchase Price is $2.6M. The…

Closed! Hard Money Construction Loan in Santa Ana: $825,000 @ 10.00%, 1st TD, Land, Cash-Out, 45.21% LTV

Successful Mortgage Vintage Borrower, developer, and real estate investor and his partner sought a new business purpose 1st TD construction loan on this free and clear, permitted and entitled parcel in Santa Ana, CA. This funds controlled construction loan will allow the experienced and well known Developer to build a non-owner occupied investment property in…

Recently Funded Hard Money Loan in Newport Coast: $810,000 @ 10.50%, 2nd TD, Cash-Out, SFR, 65.56% CLTV

Business owner sought a business purpose cash-out 2nd TD of this owner occupied SFR in Orange County.  Proceeds from this loan will be invested into the borrower’s interior design business. Our subject property is a beautiful two-story SFR located in Newport Coast and sits on a 11,151 sqft lot.  The subject was built in 2001 and…

Closed! Hard Money Purchase in Perris: $3,800,000 @ 18.00%, 1st, Commercial, 50.00% LTV

Successful Mortgage Vintage Borrower, business owner, and real estate investor (Fairbrook Communities, LLC) is seeking a Blanket 1st Trust Deed to purchase two well located lots of undeveloped land in Perris and Menifee in Riverside County. The multi-family development entitlements for both properties should be coming within the next 60 days. The borrower tied up…

Done Deal! Hard Money Loan in Rancho Mirage: $915,000 @ 9.50%, 2nd TD, Cash-Out, SFR, 64.91% CLTV

Business owner and real estate investor is seeking a cash-out 2nd TD of this owner occupied SFR in Riverside County.  Proceeds from this loan will be invested into the borrower’s investment business to pay for a build-out at their new office and build an online presence.  Borrower entered into a Lease with Option to Buy Agreement…

Recently Funded Hard Money Bridge Loan on Irvine: $915,000 @ 9.50%, 2nd, SFR, 65.00% CLTV

Successful business owners, real estate investors sought a cash-out 2nd TD Bridge Loan on their investment property in Irvine, Orange County, CA.  The funds from our Mortgage Vintage Bridge Loan will be used to purchase the borrower’s new primary residence in Newport Coast, CA. The borrowers are already under contract on this beautiful new home…

Closed! Commercial Hard Money Loan in Long Beach: $1,725,000 @ 12.00%, 1st TD, Cash-Out, 63.89% LTV

Successful business owner and real estate investor sought a 1st Trust Deed to refinance an existing, current and in good standing $1.1M 1st TD and 100% balance of the funds will be placed into Funds Control to complete permanent renovation property improvements on this commercial-industrial building in Long Beach, Los Angeles, CA. Borrower’s total personal “skin in…

Recently Funded Hard Money Loan in Covelo: $200,000 @ 10.00%, 1st TD, Cash-Out, SFR, 38.76% LTV

Real estate investor sought a business purpose cash-out refinance on this SFR & AG investment property in Mendocino County, CA. The purpose of this loan is to pay-off an existing, current and in good standing small 130K 1st TD; the balance of funds will be applied towards minor property improvements. Exit strategy: refinance. The subject property…

Recent Transaction in Atwater: $198,250 @ 10.25%, 1st TD, Cash-Out, SFR, 65.00% LTV

Business owner and real estate investor sought a new business purpose cash-out 1st TD on this non-owner occupied investment property in Atwater, CA in Merced County.  Funds from our loan will be used to invest into the Borrower’s restaurant (Tequila Restaurant) as well as for making improvements to the same property.  Borrower’s Restaurant was impacted…

Recently Funded Hard Money Loan in Placentia: $400,000 @ 9.75%, 2nd TD, Cash-Out, SFR, 62.97% CLTV

Previous successful MVI borrower, business owner and real estate investor is seeking a cash-out 2nd TD of this Non-owner occupied SFR in Orange County.  Proceeds from this loan will be invested to purchase an investment property. Our subject property is a beautiful single-story SFR located in Placentia and sits on a 7,280 sqft lot.  The subject was built…

Recent Transaction in Lake Forest: $129,400 @ 10.00%, 2nd TD, SFR, Cash-Out, 61.16% CLTV

Successful, repeat Mortgage Vintage borrower and business owner sought a business purpose cash out loan on this owner occupied, lakefront SFR in Lake Forest, Orange County, CA. Borrower’s current and in good standing 1st TD is $665K at an 8.99% interest only rate. Exit strategy: conventional refinance. The subject property is a contemporary style, two…

Recently Funded Hard Money Construction Loan in Santa Ana: $448,500 @ 10.25%, 2nd TD, Cash-Out, Tri-Plex, 62.98% CLTV

Successful Mortgage Vintage borrower, real estate investor and developer sought a cash-out 2nd TD on this non-owner occupied 3-unit investment property in Orange County. Proceeds from the loan will be used to complete construction of the triplex. Until recently, the subject was a 1,471 Sq Ft Single Family Residence. The funds from our loan will be…

Recent Transaction in Simi Valley: $76,000 @ 10.00%, 2nd TD, Cash-Out, Condo, 13.82% CLTV

Business owners sought a cash-out 2nd TD of this owner occupied Condo in Simi Valley, Ventura County.  Proceeds from this loan will be invested into the Borrower’s Allstate Insurance business. Our subject property is a well appointed two-story Condo located in Simi Valley.  The subject was built in 1987 and has 1,137 sqft of living space…

Recently Funded Hard Money Purchase in Laguna Beach: $1,462,500 @ 8.00%, 1st TD, SFR, LTV 75.00%

Real Estate investor sought a new business purpose purchase 1st TD on this non-owner occupied Duplex investment property in Laguna Beach, CA in Orange County.  Funds from our loan will be used to purchase the subject property for $1.95 Mil.  Borrowers’ Down Payment will be more than $500k. The subject property is 1,914 SF duplex…