Done Deal! Hard Money Loan in Los Angeles: $550,000 @ 10.00%, 1st TD, Duplex, Cash-Out, 55.00% LTV

Successful repeat MVI borrower and real estate investor seeking a business purpose 1st TD on this non-owner occupied, 3-unit in Los Angeles, CA. The funds from our loan will be used to refinance the subject property. The exit strategy is to do a conventional refinance within the next 24 months. The subject is a well…

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…

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…

Recently Funded Hard Money Loan in Escondido: $85,000 @ 8.50%, 1st TD, Cash-Out, SFR & Land, 10.63% LTV

Borrowers sought a 1st Trust Deed to complete final minor construction on this SFR investment Non Owner Occupied property in Escondido, San Diego County, CA.  100% funds from this loan will go into Funds Control to lay concrete for driveway, finalize 433A Permanent install septic and certificate of occupancy. Borrowers have invested 445K personal “skin…

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…

Recently Funded Hard Money Construction Loan in Newport Beach: $1,235,000 @ 11.00%, 2nd TD, Cash-Out, SFR, 67.16% CLTV

Successful business owners sought a business purpose cash-out 2nd TD on this owner occupied SFR in Newport Beach, Orange County, CA. The loan proceeds will be used to support the expansion of the borrower’s growing Telemedicine business “Pioneer Technologies Solutions” and the balance of the funds will be held in funds control and used to…

Recent Hard Money Purchase in Palos Verdes Estates: $2,437,000 @ 7.50%, 1st TD, Investment SFR, 65.00% LTV

Successful Real Estate Investor sought a 1st TD purchase loan for this SFR Non-Owner-Occupied investment property in Palos Verdes Estates, CA.  The borrower is recently Divorced which impacted his Credit. The subject property is a classic Mediterranean style SFR, sitting in one of the most sought-after neighborhoods in all of Palos Verdes Estates, Los Angeles County.…

Done Deal! Hard Money Loan in Santa Clarita: $137,000 @ 12.00%, 2nd TD, SFR, Cash-Out, CLTV 69.93%

Experienced realtor sought a business purpose cash-out 2nd TD on this owner-occupied, newly built SFR in Santa Clarita, Los Angeles County, CA. Funds from our loan will be used towards a business investment opportunity. The $912k 1st TD is current and in good standing at a 5.75% rate. The subject property is a beautiful, two-story,…