Loan Description: Business Owner and property owner/user is seeking a $1,375,000 business purpose 1st Trust Deed loan on this mixed-use Commercial/Warehouse/Residential investment property in Signal Hill, Long Beach, CA. The borrowers will be using the loan proceeds to pay off an existing $849k 1st and $50k 2nd TD, property taxes and prepaid interest of 6…
Loan Description: Business owner is seeking a $100,000 business purpose 2nd Trust Deed cash out loan on this owner-occupied SFR in “Sun Hill Estates” on a cul-de-sac with and Angeles National golf course views in Sunland, Los Angeles County, CA. The borrower will be using the loan proceeds for working capital for borrower’s construction company. The…
Brief Overview Loan Summary: Borrowers sought a $374,500 Second Trust Deed secured by the Condominium property located in Hermosa Beach, CA. The loan is structured as a Owner Occupied Business Purpose Cash-Out in 2nd position, supported by an estimated property valuation of $2,370,000 and an existing 1st TD balance of $1,166,000, resulting in a combined…
Brief Overview Loan Scenario: Business owner sought a $430,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied detached condo in Portola Springs Community of Irvine, Orange County, CA. The borrower will be using the loan proceeds to pay off a current and in good standing existing 2nd TD loan, and the balance…
Brief Overview Loan Description: Co-Borrowers, Real Estate Investors and and previous successful MVI Borrowers sought a $1,300,000 Purchase loan to buy a new investment property in Seal Beach, CA. The purchase price is $3.25 Mil. and the borrower is bringing in $1.95 Mil. as a down payment. Subject BPO value came in at $3.42 Mil.…
Brief Overview Loan Scenario: Repeat Mortgage Vintage and CrowdTrustDeed borrower, Realtor and Business Owner sought a business purpose cash-out 2nd Trust Deed on his principal residence to further his Real Estate Investment and Property Management business. Borrower is a well-established and very successful Realtor in Lake Elsinore and has est. 20+ single-family rental properties. Borrower…
Brief Overview 2nd Trust Deed Offering Description: Co-Borrowers, Real Estate Investors and previous successful MVI Borrowers sought a $500,000 Business Purpose Cash Out 2nd Trust Deed to finish construction on a Non-Owner Occupied Duplex Short Term Rental investment property in Newport Beach, CA. Borrower’s current and in good standing 1st Trust Deed is from PennyMac at a 7.125%…
Brief Overview Loan Summary Successful, repeat MVI borrower and business owner sought a $545,000 business purpose 2nd Trust Deed cash out refinance loan on this owner occupied SFR property with floor-to-ceiling panoramic ocean and hillside views on a cul-de-sac in Pacific Palisades, Los Angeles County, CA. The borrower will be using the loan proceeds to pay…
Brief Overview Trust Deed Description Real estate investors sought a $235,000 business purpose 2nd Trust Deed loan on this non-owner occupied fully renovated multifamily investment property in San Bernardino, San Bernardino County, CA. The borrowers will be using the loan proceeds to convert a 4 car garage into 2 ADUs to make it a 6 unit…
Brief Overview Loan Description Borrower and real estate owner sought a $225,000 business purpose 2nd Trust Deed cash out loan on this non-owner and owner occupied well-maintained 4-unit multifamily investment property building located in Dana Point, Orange County, CA—approximately one mile from Dana Point Harbor and walking distance to local shops and restaurants. The borrower will…
Brief Overview Loan Scenario Business owner sought a $520,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied SFR with canyon views in the desirable University City neighborhood of San Diego, San Diego County, CA. The borrower will be using the loan proceeds to pay off a current and in good standing…
Brief Overview Borrower and business owner sought a $1,390,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied, fully renovated SFR very well located in prestigious Beverly Hills, Los Angeles County, CA. The borrower will be using the loan proceeds to pay off an existing and in good standing $478K 2nd TD. The…
Brief Overview Loan Purpose: The borrower sought a $500,000 2nd Trust Deed secured by a single-family residence in Los Angeles. Loan proceeds will be used to complete the landscaping phase of a construction project, which includes an outdoor kitchen, hardscape, irrigation, lighting, and other exterior improvements. The full construction budget of $500,000 will be held…
Brief Overview Experienced real estate owner and developer sought a $600,000 business purpose 1st Trust Deed cash out loan on this non-owner occupied approximately 3 acres of “free and clear’ entitled land located in the prestigious ‘Country Club Estates’, a gated golf course community in Westlake Village, Ventura County, CA. The borrower will be using the…
INVESTOR RATE INCREASED TO 12.75% Borrowers and business owners sought a $2,800,000 business purpose 2nd Trust Deed cash out refinance loan on this owner occupied SFR investment property in “Dover Shores” by Newport Back Bay, the estuary and nature reserve area behind the coastal neighborhoods in Newport Beach, Orange County, CA. The borrowers will be using…
Brief Overview Loan Purpose: This is a 2nd Trust Deed loan on a non-owner-occupied property in La Quinta, CA. The borrower sought funds to bring their existing first mortgage current and to complete needed repairs on their rental property. The existing first trust deed with Kinecta Federal Credit Union has a balance of $846,432 with…
Loan Purpose Business owners sought a $199,850 business purpose 2nd Trust Deed cash out loan on this owner-occupied, nice suburban SFR property on a cul-de-sac in Fullerton, Orange County, CA. The borrowers will be using the loan proceeds to do some minor cosmetic upgrades to their rental property in Michigan and the balance placed in their…
Loan Purpose: The Borrower sought this 1st Trust Deed investment on a non-owner-occupied single-family residence in Inglewood, CA. Loan proceeds will be used to reimburse the borrower for recent renovations, complete landscaping, and address miscellaneous repairs. The borrower’s exit strategy is to refinance into a conventional loan. Property Description: The subject property is a 796…
Overview Repeat, successful Mortgage Vintage borrower and real estate investor sought a $400,000 business purpose 1st Trust Deed cash out loan on this “free and clear” non-owner occupied mixed-use residential and commercial investment property in Los Angeles, Los Angeles County, CA. The borrowers will be using a small portion of the loan proceeds for cosmetic…
What is a Bridge Loan? Many hard money brokers and borrowers get confused over the Term “Bridge Loan”. This Blog helps readers to understand the difference between a Hard Money Residential Consumer Bridge Loan and a Hard Money Bridge Loan. Generally, both types of Bridge Loans facilitate a borrower moving from where they are today…
Brief Overview A Private School in the Coachella Valley, sought a 2nd TD $2.5 million bridge loan to support their operations and a significant increase in spending on advertising, marketing and community outreach. In 2027, the school will be celebrating its 75th Anniversary as the oldest school in the Coachella Valley. It is located in…
Brief Overview Borrowers and business owners sought a $1,225,000 business purpose 2nd Trust Deed cash out refinance loan on this owner and non-owner occupied Duplex investment property on Balboa Island, Newport Beach, Orange County, CA that is very well located a few blocks from bayfront beaches. The borrowers will be using the loan proceeds to…
Loan Purpose Business owners sought a $260,000 business purpose 2nd Trust Deed cash out loan on this owner SFR property in Del Mar Heights, San Diego County with ocean / canyon views and a few minutes from Torrey Pines State Beach and Golf Course. The borrowers will be using the loan proceeds for working capital…
Loan Purpose Borrower and business owner sought a $375,000 business purpose 2nd Trust Deed cash out refinance loan on this owner and non-owner occupied Duplex investment property in Encinitas, San Diego County, CA that is well located 5 blocks east of Encinitas beaches. The borrower will be using the loan proceeds to pay off an existing,…
1. Loan Purpose: Borrower and real estate investor sought a business-purpose cash-out loan secured by a 2nd Trust Deed on this owner-occupied residence in Laguna Beach, CA. Proceeds from this loan will be used for the Borrower to complete improvements on an investment property in Bishop, CA to prepare it for sale. The existing 1st…
Loan Purpose Repeat successful MVI borrowers. Real estate investors and business owners sought a $1,027,500 business purpose 2nd Trust Deed cash out refinance loan on this non-owner occupied SFR investment property in Newport Beach, CA. The borrowers will be using the loan proceeds to pay off an existing MVI 2nd TD that is maturing and…
1. Loan Purpose: The 3 Family Member Borrower’s sought a $120,000 business purpose second trust deed loan secured by their primary residence in Santa Ana, CA. The loan proceeds will be used to pay off an existing Home Equity Line of Credit (HELOC) and to complete restroom and cosmetic renovations at their popular family-owned Mexican…
1. Loan Purpose: Previous successful Mortgage Vintage Borrower sought a business-purpose cash-out loan to fund upgrades to a non-owner-occupied investment property located in Dana Point. The property serves as a facility for the Borrower’s licensed rehabilitation business. Loan proceeds from this 2nd TD will be used to improve the property to better serve the business.…
Executive Summary Real estate investors sought a 1st TD business purpose cash-out refinance loan to build an investment SFR in a gated community, “Scenic Bend Estates” in Modesto, Stanislaus County, CA. The purpose of this loan is to pay off an in good standing, on time payment history 1st TD and the balance placed in Funds…
Accessory Dwelling Units (ADUs)—also known as backyard homes, garage conversions, or casitas—have become a key part of the housing strategy in Southern California. As housing demand continues to outpace supply, ADUs offer a practical way to add much-needed rental units in existing neighborhoods. Thanks to recent legislation, it’s easier than ever for property owners to…