Recent Transaction – $260,650 Business Purpose Purchase, Santa Ana, CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase this HUD owned Santa Ana property. Borrower owns multiple investment properties in and around Santa Ana in Orange County. Subject Property is a single-story,…
Recent Transaction – $200,000 Business Purpose Cash Out, Corona, CA High FICO score borrower and real estate investor was seeking a business purpose cash-out 1st Trust Deed on this property located in Corona. Funds will be used to complete construction of the property. The property promises to be an ideal starter home due to its…
Recent Transaction – $383,500 Business Purpose Cash Out, Oceanside, CA Real Estate Investor and business owner was seeking a cash-out 1st Trust Deed on this free-and-clear Oceanside, CA duplex to make improvements to both units that will in turn allow him to attract market rents. Property owner will also use a portion of the loan…
Recent Transaction – $308,000 Business Purpose Cash Out, Monterey Park, CA Real Estate investor was seeking a business purpose cash-out 2nd TD on this non-owner occupied property to use for real estate investments. Purpose of the loan proceeds was to acquire 8 acres of fully entitled and permitted land in Indio, CA to build a…
Recent Transaction – $200,000 Business Purpose Purchase, Santa Ana CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase these 2 properties in Santa Ana. Borrower is a successful home builder and Realtor in Santa Ana and owns multiple investment properties in Orange County.…
Recent Transaction – $150,000 Business Purpose Cash Out, Colton CA Self-employed borrower was seeking a Business Purpose Cash-Out Refinance on this non-owner occupied SFR to expand his business, E&G Mobile Truck Washing. Subject property is a single-story, single family residence located in Colton, CA. The Property is a ranch style 2 bdrm/1 bath home with…
Recent Transaction – $187,200 Business Purpose Cash Out, Weed, CA Real estate investor and business owner was seeking a Business Purpose Cash-Out Refinance of this non-owner occupied investment property to invest back into her custom modular tent business, Creative Tent International. With projects in more than 60 countries, Creative Tent International provides custom tent solutions…
Recent Transaction – $275,000 Business Purpose, Jurupa Valley, CA Borrower was seeking this Business Purpose Cash-Out Refi to refinance the existing first TD on this non-owner occupied investment property. Subject property is a 2 story, single family residence located in Jurupa Valley in Riverside, CA. The Property is a 6 bdrm/3 bath home that is…
Recent Transaction – $107,250 Business Purpose Cash Out, Weed, CA Real estate investor and business owner was seeking a Business Purpose Cash-Out Refinance of this non-owner occupied investment property to invest back into her custom modular tent business, Creative Tent International. With projects in more than 60 countries, Creative Tent International provides custom tent solutions…
How does constant process improvement make better hard money loans? As CrowdTrustDeed enters its 4th year, I want to thank you for your continued support. When Mortgage Vintage founded and established CrowdTrustDeed on January 1, 2015, our vision was to use technology and data to help our borrowers and brokers receive a more streamlined origination process…
Recent Transaction – $152,750 Business Purpose Cash Out, Lancaster CA Real Estate investor borrower was seeking a Business Purpose Cash-Out Refinance to make improvements to two investment properties and bring property taxes current. Subject property is a single-story, single family residence located in Lancaster, CA. The Property is a traditional style 3 bdrm/2 bath home…
Recent Transaction – $75,000 Business Purpose, Santa Ana, CA Good credit score borrowers were seeking a Business Purpose Cash-Out loan to acquire an Orange County single family residence investment property in Tustin. Front unit has 4 bdrm / 2 ba, back unit has 2 bedrooms and 1 bathroom. There is a studio between the…
Real Estate investor was seeking a business purpose cash-out 2nd TD on this non-owner occupied property to use for real estate investments. Subject Property is a beautiful 2-story, 5 BR / 3 BA traditional style SFR in Hacienda Heights, CA. The home has 3,197 sf of living space and is situated on 42,248 sf, nearly…
Previous and successful Mortgage Vintage borrower and real estate investor was seeking a $59,150 1st mortgage to renovate and update this property in Bakersfield. $20,000 of the loan proceeds will be held back in funds control. After completion of renovation, Borrower intends to sell property. Subject Property is a non-owner occupied single-story, 3 BR / 2…
Good credit Real Estate Investor looking to cash – out to fund continued construction of multiple single family homes for a real estate investment project in Anaheim. Borrower purchased subject property in 2011 and currently operates California Team Realty office out of the space. Borrower is an experienced fix and flip investor and developer. Borrower improved…
Good credit, self-employed Borrowers seeking a business purpose cash-out 2nd TD to further grow their medical and urgent care business facilities. Borrowers are previous successful Mortgage Vintage borrowers. Subject Property is a non-owner occupied 2-story, 7 BR / 6 BA Tudor SFR in the Linda Vista neighborhood of Pasadena. The home has 5,463 sqft of…
A good joke is always fun during the Holidays. Have you heard the one about the two people who were about to do a Real Estate Deal? One person had all the money and the other person had all the experience. Well guess what happened after the Deal happened? The person with the money ended…
Real Estate Investor Borrower was seeking a Business Purpose Purchase loan to acquire this investment property. Borrower plans to keep the property as a rental for $2,650/mo. The quality of construction is average for the area. No functional or external inadequacies were apparent. At the time of the inspection there did not appear to be…
Borrowers were seeking a business purpose cash-out refinance 2nd Deed of Trust for this owner-occupied property to invest in his Munoz Direct Push business. The subject property is a SFR with 3 bedrooms, 1 bathroom, 1,450 sf living area, 6446 sf lot size, and was built in 1955. Subject appears in average to good condition overall…
Borrower was seeking a Business Purpose Purchase to acquire this single family residence in Garden Grove as investment property. Subject property is a ranch style 1 story, single family residence located in Garden Grove. The Property is a 4 bdrm/2 bath home that is approximately 1,644 sf. Property has hardwood flooring throughout, two kitchens, and…
Borrowers were seeking a business purpose cash-out refinance for this non-owner occupied rental property to refinance existing loan and make improvements to the property. Borrower has owned the property since 2010. Subject property is a 2 story Single Family Residence located in the historic area of Santa Ana. The home is 1,533 sf with 3…
Borrower was seeking a Business Purpose Purchase to acquire this single family residence in Huntington Beach as an investment property. Subject property is a ranch style 1 story, single family residence located in Huntington Harbour in Huntington Beach, CA. The Property is a 4 bdrm/4.2 bath home that has 5,002 sqft. of living space. Property…
Borrower was seeking a business purpose cash-out on this non-owner occupied rental property to make improvements to the property and to invest in other investment property. Borrower has owned the property since 2006. Subject property is a two story Single Family Residence located in the La Canada Flintridge area of Los Angeles. The home is…
Borrowers were seeking a business purpose cash-out refinance for this non-owner occupied rental property to refinance existing loan and make improvements to the property. Borrower has owned the property since 2009. Subject property is a single level Single Family Residence located in the South Bay area of Carson. The home is 1,452 sf with 4…
Borrowers were seeking this Business Purpose Cash-Out loan to payoff business debt and repair property roof. Borrower has owned the subject property since 2001. Subject is a single story commercial building configured to house 2 tenants one at 1,000 sf and the other is a 3,000 sf suite. The interior build out and design is…
Real estate investor and 18-year employee of the same company was seeking a business purpose cash-out refinance for this non-owner occupied rental property to remodel the kitchen and bathroom. Subject property is a two-level condominium located in the gated complex of Dronfield Villas in Sylmar, a neighborhood located in the San Fernando Valley area of…
How can hard money lenders help someone in need? After graduating from UCLA Allen purchased his dream lot in Malibu in 1984. He purchased a used Motor Home that first paraded to a UCLA vs. Cal football game in Northern California filled with delirious sorority and fraternity members, but then became his temporary home on…
Self-employed Borrower was seeking a business purpose cash-out refinance of this non-owner occupied investment property to invest in new real estate ventures and business opportunities. Subject property is a single-story Single Family Residence located in a prime location of the Century City neighborhood of Los Angeles. The home is a 2 BR / 1 BA…
Son and Mother, Borrower and Co-Borrower, were seeking a Business Purpose Cash-Out to make improvements to the Non-Owner Occupied long time inherited family property and to pay delinquent property taxes. Free and Clear subject property is a 1 story, single family residence located in Compton. The Property is a 3 bdrm/1 bath home that is…
Self-employed Borrower was seeking a Business Purpose Cash-Out Refinance to complete construction of a duplex in Compton. The funds will be used to payoff an existing loan and complete construction. $30,000 was collected for funds control. Borrower has put over $100K into the construction of the property. Subject is 80% complete and will be a…