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…

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…

Done Deal! Hard Money Loan in Santa Monica: $875,000 @ 11.00%, 2nd TD, SFR, Cash-Out, 70.29% CLTV

Borrower, successful real estate investor and business owner sought a business purpose cash-out 2nd TD on this non-owner occupied SFR in Santa Monica, Los Angeles County. Funds from our loan will be used to pay off the existing business purpose 2nd while the remainder of the proceeds will be invested into the borrower’s expanding medical…

Done Deal! Commercial Hard Money Loan in Douglas City: $576,000 @ 10.50%, 1st, Purchase, 60.00% LTV

Very successful business owner/operator of “Trinity Iron Works” and real estate investor sought a 1st TD to purchase this commercial investment property in Douglas City, Trinity County, CA. Borrower is acquiring this currently vacant commercial property to expand operations for his rapidly growing metal roofing manufacturing and installation business. Borrower is sitting on a large…

Done Deal! Hard Money Land Loan in Adelanto: $2,500,000 @ 14.50%, 1st TD, Cash-Out, LTV 8.33%

Repeat MVI borrower and successful real estate investor is sought a 1st TD on this fully entitled, CUP permitted, city approved commercial 18 lot subdivide on Koala Road, in Adelanto, San Bernardino County, CA. The borrower is also cross collateralizing a fully entitled, CUP permitted, city approved commercial 12 lot subdivide on Jonathan Street, in…

Recent Transaction in Weaverville: $146,250 @ 9.00%, 1st TD, SFR, Cash-Out, 58.50% LTV

Successful business owner/operator of “Trinity Iron Works”, current MVI borrower and real estate investor sought a 1st TD business purpose cash out on this “Free & Clear” SFR in Weaverville, Trinity County, CA. Funds from this loan will go directly towards the purchase of a commercial building real estate acquisition closing soon in escrow. Mortgage…

Closed! Hard Money Loan in Long Beach: $370,000 @ 7.00%, 1st TD, Multi-Family, Cash-Out, 37.00% LTV

Real estate investor, business owner and successful Mortgage Vintage borrower sought a new business purpose cash-out 1st TD refi on this non-owner occupied 3-unit multi-family property in Long Beach in LA County.  The borrowers $210k 1st TD that this loan is paying off is current and has performed perfectly.  Funds from our loan will be…

Recently Funded Hard Money Loan in Garden Grove: $300,000 @ 6.00%, 1st TD, SFR, 35.93% LTV

Successful real estate investors and previous Mortgage Vintage borrowers sought to refinance their existing 1st Trust Deed on this non-owner-occupied Garden Grove, Orange County rental property.  In addition to our new $300k loan, the Borrower is bringing in over $215k cash to close to pay off the existing $515k US Bank 1st Trust Deed. The subject…