N. Hollywood, CA Download Recent Transaction – $115,000 Business Purpose Cash-Out – N. Hollywood, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $115,000 Appraised Value $670,000 Occup Non-Owner Occ. Lender Rate 10.00% CLTV on Appr. 63.58% Loan Type Business Purp. Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months…
Why are hard money loan rates dropping? Hard Money loan rates have dropped 50 to 150 basis points over the past 18 months, depending on the market and type of property. This market trend provides more favorable rates for borrowers and reduced yields to Hard Money Lenders. Hard Money Loans, and in some instances called…
Los Angeles, CA Download Recent Transaction $680,000 Business Purpose Cash Out, Los Angeles, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $680,000 Broker Price Opin. $1,500,000 Occup Non-Owner Occ. Lender Rate 7.75% LTV on BPO 45.33% Loan Type Consumer Purp. Cash-Out Amortization Interest Only Due in 6 mos. Guaranteed Int.…
Agoura Hills, CA Download Recent Transaction – $110,000 Business Purpose Cash-Out – Agoura Hills, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $110,000 Broker Price Opin $1,800,000 Occup Owner Occ. Lender Rate 10.00% CLTV on ARV 62.50% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 24 mos.…
Corona Del Mar, CA Download Recent Transaction – $700,000 Business Purpose Construction Loan – Corona Del Mar CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $700,000 After Repair Value $3,200,000 Occup Non Owner Occ. Lender Rate 9.50% CLTV on ARV 62.50% Loan Type Business Purpose Cash Out Amortization Interest Only…
5 underwriting criteria to determine the viability of a Hard Money Loan Scenario Every year, NFL executives, scouts, coaches, and analysts fly to college football games, scour videos, and scrutinize statistical reports about potential draft selections. The NFL conducts the Combine where NFL prospects try out in front of representatives from the 32 NFL…
Stanton, CA Download Recent Transaction – $150,000 Business Purpose Cash-Out, Stanton CA Property / Loan Information Property Type Commercial Building – Retail Center Lien Position 2nd TD Loan Amount $150,000 Appraised Value $1,475,000 Occup Non-Owner Occ. Lender Rate 10.50% CLTV on Appraised Value 47.46% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 Months…
West Covina, CA Download Recent Transaction – $174,000 Business Purpose Refinance, West Covina CA Property / Loan Information Property Type Single Family Residence Lien Position1st TD Loan Amount $174,000 AVM Value $429,200 Occup Non-Owner Occ. Lender Rate 6.75% LTV on AVM 40.54% Loan Type Business Purpose Refinance Amortization Interest Only Due in 12 mos. Guaranteed Int. 5 Months …
El Segundo, CA Download Recent Transaction – $165,000 Business Purpose Cash-Out, El Segundo CA Property / Loan Information Property Type Condiminium Lien Position 2nd TD Loan Amount $165,000 BPO Value $625,000 Occup Non-Owner Occ. Lender Rate 10.0% CLTV on BPO 63.52% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed Int. 12 Months …
Rancho Palos Verdes, CA Download Recent Transaction – $185,000 Business Purpose Cash-Out, Rancho Palos Verdes CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $185,000 BPO Value $1,350,000 Occup Owner Occ. Lender Rate 9.50% CLTV on BPO 35.62% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed…
Costa Mesa, CA Download Recent Transaction – $472,500 Business Purpose Fix and Flip, Costa Mesa CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $472,500 AVM Value $630,300 Occup Non-Owner Occ. Lender Rate 8.75% LTV on AVM 74.61% Loan Type Purchase Fix & Flip Amortization Interest Only Due in 12 mos.…
Long Beach, CA Download Recent Transaction – $158,000.00 Consumer Purpose Cash Out – Long Beach, CA Property / Loan Information Property Type Duplex Lien Position 2nd TD Loan Amount $158,000 BPO Value $800,000 Occup Non-Owner Occ. Lender Rate 9.00% CLTV on BPO 36.63% Loan Type Consumer Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 Months…
Irvine, CA Download Recent Transaction – $403,310 Consumer Bridge Loan, Irvine CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $403,310 Appraised Value $1,500,000 Occup Owner Occ. Lender Rate 7.50% LTV on Appraisal 26.89% Loan Type Consumer Bridge Loan Amortization Interest Only Due in 11 mos. Guaranteed Int. None …
What is happening in the Fix and Flip marketplace? Change and upheaval constitute Fix-and-Flip finance today. FinTech (High-Tech Lenders) companies, Wall Street and others have entered the Fix-and-Flip lending arena with an avalanche of capital. This new capital benefits borrowers with lower rates but is creating havoc with traditional lenders who are scrambling to keep…
Los Angeles, CA Download Recent Transaction – $250,000 Business Purpose Cash-Out, Los Angeles CA Property / Loan Information Property Type Single Family Residence Lien Position 3rd TD Loan Amount $250,000 Appraised Value $1,650,000 Occup Non Owner Occ. Lender Rate 12.00% CLTV on Appraisal 53.33% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed…
La Quinta, CA Download Recent Transaction – $60,000.00 Business Purpose Cash Out – La Quinta, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $60,000 Broker Price Opinion (BPO) $470,000 Occup Non Owner Occ. Lender Rate 9.00% LTV on Appraisal 12.77% Loan Type Business Purpose Cash Out Amortization Interest Only…
San Francisco, CA Download Recent Transaction – $165,000.00 Business Purpose Cash Out – San Francisco, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $165,000 Broker Price Opinion (BPO) $670,000 Occup Owner Occ. Lender Rate 9.00% LTV on Appraisal 24.63% Loan Type Business Purpose Cash Out Amortization Interest Only Due…
Sandy with Congressman Dana Rohrabacher at the recent 2017 Cannabis Business Expo in San Diego. Sandy and Mortgage Vintage launched their Cannabis Business Purpose Loan Program that provides cannabis-related business loans secured by California Real Estate. The ability to back cannabis businesses with Real Estate secured loans gives this program an extra advantage in the…
As a Hard Money Lender in Orange County, we receive inquiries like: Can I get cash out of my house for my business? Can I pull money/equity from my principal residence and apply those funds towards a business acquisition or my companies working capital or business equipment? As a real estate investor, can I pull…
Thousand Oaks, CA Download Recent Transaction – $55,000.00 Business Purpose Cash Out – Thousand Oaks, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $55,000 Broker Price Opinion (BPO) $680,000 Occup Owner Occ. Lender Rate 10.00% LTV on Appraisal 8.08% Loan Type Business Purpose Cash Out Amortization Interest Only Due…
Glendale, CA Download Recent Transaction – $220,000.00 Business Purpose Cash Out – Glendale, CA Property / Loan Information Property Type 8 unit Multi-Family Lien Position 2nd TD Loan Amount $220,000 Appraised Value $3,100,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on Appraisal 7.09% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 24 mos. Guaranteed Int.…
Corona, CA Download Recent Transaction – $108,000.00 Construction Loan – Corona, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $108,000 Dwelling Replacement Cost $481,000 Occup Non-Owner Occ. Lender Rate 11.25% LTV on DRC 22.45% Loan Type Construction Amortization Interest Only Due in 24 mos. Guaranteed Int. 5 months …
Huntington Beach, CA Download Recent Transaction – $450,000.00 Business Purpose Purchase – Huntington Beach, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $450,000 Broker Price Opinion $850,000 Occup Non-Owner Occ. Lender Rate 7.75% LTV on BPO 52.94% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 24 mos.…
Huntington Beach, CA Download Recent Transaction – $120,000 Business Purpose Cash-Out, Los Angeles CA Property / Loan Information Property Type Tri-Plez Lien Position 1st TD Loan Amount $120,000 Broker Price Opinion $355,000 Occup non-Owner Occ. Lender Rate 8.00% LTV on BPO 33.803% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 3 months…
Huntington Beach, CA Download Recent Transaction – $108,000 Business Purpose Cash-Out, Huntington Beach CA Property / Loan Information Property Type 4 Unit Multi-Family Lien Position 2nd TD Loan Amount $108,000 Broker Price Opinion $1.62Mil Occup Owner Occ. Lender Rate 9.00% CLTV on BPO 9.32% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 60 mos. Guaranteed…
How Proven Underwriting Guidelines lead to successful loans and stable investor yields? During the successful 2016 8 Year Old Little League season, our coaches kept reiterating to “Keep Your Eye On the Ball”. Whether catching a fly ball, fielding a grounder or trying to hit a fastball, the message was the same to our CrowdTrustDeed…
Irvine, CA Download Recent Transaction – $246,100 Business Purpose Cash-Out Loan Irvine, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $246,100 Broker Price Opinion $1.234Mil Occup Owner Occ. Lender Rate 9.50% CLTV on BPO 65.00% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 24 mos. Guaranteed Int.…
Moorpark, CA Download recent-transaction-312500-business-purpose-cash-out-refinancne-loan-funded-moorpark-ca Property / Loan Information Property Type Modular Home + Land Lien Position 1st TD Loan Amount $312,500 Broker Price Opinion $1Mil Occup Non-Owner Occ. Lender Rate 8.00% LTV on BPO 30.20% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: 736…
Victorville, CA Download recent-transaction-70000-business-purpose-purchase-loan-funded-victorville-ca Property / Loan Information Property Type Residential Manufactured Home Lien Position 1st TD Loan Amount $70,000 Broker Price Opinion $123,000 Occup Non-Owner Occ. Lender Rate 10.75% LTV on BPO 56.91% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Real Estate…
Glendale, CA Download recent-transaction-300000-business-purpose-cash-out-glendale-ca Property / Loan Information Property Type Multi-Family Lien Position 2nd TD Loan Amount $300,000 Appraised Value $6.5Mil Occup Non-Owner Occ. Lender Rate 9.75% CLTV on Appraised Value 36.92% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Borrower owned property for…