Recently Funded Hard Money Construction Loan in Santa Ana: $525,000, 2nd TD, Cash-Out, Tri-Plex, 54.00% CLTV

Successful Mortgage Vintage borrower, real estate investor, and developer sought to finish the construction short term blanket 2nd TD on three non-owner occupied 3-unit investment properties in Orange County. Proceeds from the loan will be used to complete the construction of the 3 unit properties. 1513 W. Civic Center Dr.: is a 2,815 sf 3-unit property…

Closed! Hard Money Bridge Loan in Culver City and San Clemente: $275,000 @ 9.00%, 1st TD, Purchase, Single Family Residence, Condo, 15.33 LTV

Borrower sought a 1st TD cash-out bridge loan cross-collateralized on current primary residence ‘Free and Clear” Condo in Culver City, Los Angeles, CA and their future primary residence SFR in San Clemente Orange County, CA. The funds from our loan will be used towards purchasing the San Clemente subject property currently in escrow while they…

Closed! Hard Money Purchase in Santa Ana: $1,750,000 @ 10.50%, 1st TD, Commercial Building, 51.47% LTV

Real Estate Investor and business owner-user sought a business purpose loan to purchase this commercial industrial building.  Property will be owner-occupied by the borrower’s company which will operate a fully licensed cannabis cultivation and distribution business. This Santa Ana Green Zone Subject Property is a multi-tenant industrial building located in the Dyer Business Park within…

Recently Funded Hard Money Construction Loan in Dana Point: $1,171,500 @ 12.75%, 2nd TD, Cash-Out, Single Family Residence, 55.00% CLTV

Very experienced 25 years + as property developer-owner, licensed general contractor and real estate investor with own RE portfolio of rental investment properties sought a 2nd Trust Deed to pay off an existing, in good standing 250K equity line and the balance will be placed in Funds Control to complete final finishing build on this 3…

Closed! Hard Money Loan in Bakersfield: $236,000 @ 13.00%, 2nd TD, Cash-Out, Single Family Residence, 53.27% CLTV

Successful business owner sought a short-term business purpose cash-out 2nd TD on this beautiful custom owner-occupied residence in Bakersfield, CA. The borrower is an Almond Farmer and 100% of the loan proceeds will go towards upgrading the businesses equipment, irrigation, electricity, pumps, and harvest for this next grow. The exit strategy from our loan is…

Recently Funded Hard Money Loan in Newberry: $110,000 @ 11.00%, 1st TD, Cash-Out, Single Family Residence

Credit score borrower and real estate investor sought a business purpose cash-out 1st TD on this owner occupied SFR property in Newberry Springs, CA in San Bernardino County.  Funds from our loan will be used to fix up another investment property which a duplex located at 31411 Newberry Road, Newberry Springs, CA. Borrower owns at…

Closed! Hard Money Construction Loan in Spring Valley, San Diego: $495,000 @ 13.50%, 1st TD, Land, Cash-Out, 60.00% LTV

25 years + very experienced licensed general contractor, real estate investor and home developer throughout the San Diego County area sought a 1st Trust Deed to build an investment SFR in Spring Valley, San Diego County, CA; 13 miles east of downtown San Diego. As soon as complete, the borrower will sell property for profit and…

Done Deal! Hard Money Loan in Santa Ana: $325,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 53.05% CLTV

Business owner sought this business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Santa Ana,Orange County, CA.  100% of the loan proceeds will be used to towards the borrower’s business, Harbor Sofas and Mattresses, to increase sales. Borrower states that he recently partnered with Wayfair to help expand his furniture business.  The…

Recently Funded Hard Money Loan in Costa Mesa; $230,000 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 52.02% CLTV

Successful repeat Mortgage Vintage borrower and long-time successful business owner sought a rate/term refinance 2nd TD on this owner-occupied SFR in Costa Mesa, Orange County, CA. Mortgage Vintage originated the current 2nd TD loan for this borrower last year and it has since matured. This new loan will payoff our existing business purpose loan and…

Closed! Hard Money ADU Loan in Costa Mesa: $500,000 @ 11.75%, 2nd TD, Cash-Out, Single Family Residence, 64.00% CLTV

Experienced real estate investor, developer and successful Mortgage Vintage Fix and Flip borrower sought a 2nd TD business purpose cash-out on this SFR + 2 ADU’s investment property in Costa Mesa, CA.  Funds from our loan will be used to build a third ADU ($200k) and will be held in Funds Control and the remainder…

Recent Hard Money Transaction in Stevenson Ranch: $155,000 @ 13.50%, 2nd TD, Cash-Out, Condo, 60.13% CLTV

Business owner sought a $155,000 business purpose 2nd Trust Deed loan on this non-owner-occupied condo residence in Stevenson Ranch, Los Angeles County, CA.  The loan proceeds will be used towards the Borrower’s business, Digital Interiors (digitalinteriors.com), to purchase office equipment and software to improvement automation and revenue.  The parent company of Digital Interiors is B&W…

Done Deal! Hard Money Loan in Chino: $115,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 60.01%

CEO/Owner of Metal Builders Group and real investor sought a small $115,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Chino, San Bernardino County, CA.  The loan proceeds will be used on upgrades to borrower’s other commercial investment property in Los Angeles, CA. The borrower’s 1st mortgage has a principal balance of…

Recently Funded Hard Money Loan in Ojai: $775,000 @ 11.50%, 1st TD, Cash-Out, Single Family Residence, 37.80% LTV

Real estate investor sought a $775K 1st Trust Deed business purpose cash out loan on this “Free and Clear” (no existing debt) non-owner-occupied investment rental SFR property in Ojai, Ventura County, CA.  The purpose of this loan is to use funds to invest in other real estate investment rental properties to add to borrower’s existing Schedule…

Closed! Hard Money Loan for Commercial Hotel in Sierra City: $337,500 @ 12.00%, 1st TD, Cash-Out, 50.00% LTV

Borrower has invested $450K “skin in game” in full renovation and remodel since purchase of property in 2019. In addition to this income generating hotel property, borrower owns a successful Harley Davidson restoration company. Borrower able to make payments through multiple financial sources. Successful business owner and real estate investor sought a $337,500 1st Trust Deed…

Done Deal! Hard Money Loan in Santa Ana: $2,200,000 @ 9.25%, 1st TD, Cash-Out, Mixed-Use, 45.08% LTV

Successful Mortgage Vintage Borrowers and Real Estate Developers sought a business purpose cash-out 1st TD on this non-owner mixed-use property in Santa Ana, Orange County, CA. Funds from our loan will be used to: 1) payoff an existing 1st and 2nd mortgage that are both in good standing; 2) start construction on another investment property owned by the…

Recently Funded Hard Money Loan in Costa Mesa: $245,000 @ 12.99%, 2nd TD, Cash-Out, Detached, 58.87% CLTV

Business owner sought a $245K 2nd Trust Deed business purpose loan on this owner-occupied SFR in Costa Mesa, Orange County, CA.  100% loan proceeds will be used for investment opportunities. The borrower’s 1st mortgage has a principal balance of $800,000 with a fixed interest rate of 4.25%, maturing November 2061 and a payment of $2,833/mo. The…

Closed! Hard Money Blanket Loan in Long Beach: $1,460,000 @ 10.00%, 1st TD, Cash-Out, 8 Unit Multi-Family, 52.14% LTV

Successful wage earner and real estate investor sought a short-term $1,460,000 blanket 1st Trust Deed cash-out refinance on these two non-owner-occupied multi-family rentals in Long Beach, Los Angeles County, CA. The borrower is currently going through a divorce which is to be finalized in the next couple months. He has been ordered to pay his…

Recently Funded Hard Money Loan in Pacific Palisades: $650,000 2nd TD @ 12.00%, 46.86% CLTV, Cash-Out, Single Family Residence

Business owners sought a $650,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Pacific Palisades, Los Angeles County, CA.  Loan proceeds will be used to 1) payoff an existing 2nd mortgage; 2) payoff some tax liens; and 3) will be used towards the Borrower’s Biotechnology Business’ (Aicher, Inc. et. al).  In…

Done Deal! Hard Money Loan in Los Angeles: $950,000 @ 14.00%, Single Family Residence, Cash-Out, 58.93% CLTV

Successful real estate investor, business owner and repeat MVI borrower sought a $1,000,000 2nd Trust Deed business purpose cash out refinance loan on this owner occupied, SFR estate located in the desirable high-end “Brentwood” neighborhood, bordering Bel Air and Pacific Palisades in Los Angeles, CA. The purpose of this loan is to pay off an existing…

Recently Funded Hard Money Loan in Irvine: $275,900 @ 12.00%, 2nd TD, Single Family Residence, Cash-Out, 62.50% CLTV

Successful business owners sought a small $275,900 2nd Trust Deed business purpose cash out loan on this fully renovated condominium in the desirable “Sea Island” guard gated community in Newport Beach, CA. 100% of the loan proceeds will be used to expand borrowers’ business consulting business. The borrowers’ 1st mortgage is current and in good standing…

Closed! Hard Money Loan in Millbrae: $250,000 @ 11.00%, 2nd TD, Single Family Residence, Cash-Out, 46.85% CLTV

Business owners sought a $250,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Millbrae, San Mateo County, CA.  100% of the loan proceeds will be used to upgrade and expand the borrowers’ snack and beverage vending machine business. The borrower expects to see an significant increase in revenue and profitability by…

Recent Hard Money Transaction in Los Angeles: $334,640 @ 13.50%, 2nd TD, Duplex, Cash-Out, 59.00% CLTV

Successful Mortgage Vintage borrower and business owner sought a Blanket $334,658 2nd Trust Deed cash-out loan on these three non-owner-occupied duplexes in Los Angeles, Los Angeles County, CA.  The loan proceeds will be used to help the borrower payoff another investment property in his real estate investment portfolio. The three separate 1st mortgages are all with…