Recently Funded Hard Money Loan in Anaheim: $200,000, 2nd TD, 15.89% CKTV, Cash-Out, 8.25% Lender Rate

Successful real estate investors and existing, current Mortgage Vintage borrowers sought a business purpose cash-out 2nd TD on this NOO, 100% Rented, 22 Unit Multi-Family Residential building in Anaheim, CA. The funds from our loan will be used as a down payment on a 4-Plex real estate acquisition also in Anaheim, CA.  Borrowers existing, current…

Recently Funded Hard Money Loan – Anaheim: $1,800,000, 1st TD, 60.00% LTV, Lender Rate 8.25%

Borrowers were outstanding previous Mortgage Vintage borrowers with 10 successful loans and 7 paid off, sought a 1st TD to help complete the purchase of this 14-unit multi-family property in Anaheim in Orange County.  The borrowers have a high level of real estate investment experience in and around the Orange County area covering both residential…

Closed! “Industrial” Hard Money Loan: $850,000, 1st TD, 34.69% LTV, Cash-out, 7.50% Lender Rate, Anaheim, CA

Business owner sought a cash-out 1st TD on this industrial building in Anaheim in Orange County.  Proceeds from our loan paid off an existing Union Bank 1st TD Note that is coming due.  The borrower owns the building and his successful solar business with two business partners. The subject is a single tenant industrial building…

Recently Funded Hard Money Loan- Anaheim: $382,500, 1st TD, 45.0% LTV, 10.50% Lender Rate

Repeat, current Mortgage Vintage borrower with several successful transactions with MVI and a highly experienced builder/developer was seeking a business purpose cash-out 1st TD of these two vacant lots with approved plans in Anaheim, Orange County.  Funds from our loan will be used to develop the lots into two single family residences with two ADU…