Indio, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Indio, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $75,000 BPO Value $225,000 Occup Owner Lender Rate 9.25% LTV on BPO Value 33.33% Loan Type Business…
Eureka, CA DownloadRecent Transaction – Business Purpose Purchase Loan Funded – Eureka, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $120,000 BPO Value $175,000 Occup Non-Owner Lender Rate 10.00% LTV on BPO Value 68.57% Loan Type Business Purpose Purchase Amortization Interest Only Due in…
Los Angeles, CA DownloadRecent Transaction – Business Purpose Cash-Out Loan Funded – Van.L.A., CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $177,500 BPO Value $355,000 Occup Non-Owner Lender Rate 9.00% LTV on BPO Value 50% Loan Type Business Purpose Cash-Out Amortization Interest Only…
Santa Ana, CA DownloadRecent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Cam.Santa Ana, CA Property / Loan Information Property Type 4-plex Lien Position 2nd TD Loan Amount $143,750 BPO Value $790,000 Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 65.68% Loan Type Business Purpose Cash-Out…
Arcadia, CA DownloadRecent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Arcadia, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $700,000 BPO Value $1.65Mil Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 59.48% Loan Type Business Purpose Cash-Out Amortization…
Santa Ana, CA Download Recent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Santa Ana, CA Property / Loan Information Property Type 4-plex Lien Position 2nd TD Loan Amount $143,750 BPO Value $775,000 Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 65% Loan Type Business Purpose…
“A team is only as strong as its weakest player.” “A chain is only as strong as its weakest link.” Do you remember these sayings? The mantra also applies to a Hard Money Lender’s team and specifically to their Title and Escrow Company. Having a solid Title and Escrow Company in any real estate transaction…
Low Interest Rates, Unemployment below 5%, housing prices increasing by 5% and the improving economy are assisting borrowers improve their credit scores. The share of U.S. adults with credit scores that are considered “subprime” fell to 20.7% in April, the sixth consecutive year-over-year decline and the lowest level since at least 2005, according to…
Glendale, CA Download Recent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Glendale, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $153,750 Est. Lender Value $875,000 Occup Non-Owner Occ. Lender Rate 10.50% CLTV on Est. Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed…
Perris, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Perris, CA Property / Loan Information Property Type Residential Mfg. Home Lien Position 1st TD Loan Amount $130,500 BPO Value $225,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on BPO Value 58.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int.…
Los Angeles, CA Download Recent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Los Angeles Arts District, CA Property / Loan Information Property Type Industrial Building Lien Position 2nd TD Loan Amount $375,000 ARV Appraised Value $3.4Mil Occup Owner Occ. Lender Rate 10.00% CLTV on Appraised Value 49.48% Loan Type Business Purpose Cash-Out Amortization Interest Only…
San Bernardino, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – San Bernardino, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $110,500 BPO Value $170,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int.…
Learn about Funds Control and why it is important With summer upon us, Hard Money Lenders and Trust Deed Investors should make sure a Borrower applies the funds from the Rehab or Construction loan to the rehab or construction project and not a trip to Cabo. The best way to ensure the money from…
Los Angeles, CA Download Recent Transaction – 2nd TD Business Purpose Cash-Out Loan Funded – Los Angeles, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $857,440 ARV BPO Value $3.35Mil Occup Non-Owner Occ. Lender Rate 10.75% CLTV on BPO Value 49.48% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in…
Calabasas, CA DownloadRecent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Calabasas, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $116,000 BPO Value $1.6Mil Occup Non-Owner Occ. Lender Rate 11.00% CLTV on BPO Value 59.50% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in36 mos. Guaranteed Interest 6 months …
Los Angeles, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Los Angeles, CA Property / Loan Information Property Type Residential Duplex Lien Position 2nd TD Loan Amount $140,000 Estimated Valuation $700,000 Occup Non-Owner Occ. Lender Rate 11.00% LTV on Est. Value 64.42% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 12 mos. Guaranteed…
Northridge, CA Download Recent Transaction – Business Purpose Purchase – Northridge, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $521,500 BPO Value $745,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on BPO Value 70.00% Loan Type Business Purpose Purchase Amortization Interest Only Due in 24 mos. Guaranteed Interest 6 months Loan…
Lake Elsinore, CA Download Recent Transaction – Blanklet Loan Funded – Lake Elsinore, CA Property / Loan Information Property Type Condo, PUD Lien Position 1st TD Loan Amount $175,500 Est. Valuation $280,000 Occup Non-Owner Occ. Lender Rate 9.25% LTV on Est. Value 62.67% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Interest 6 months…
During the recent Stock Market swoon, I kept reading the daily diaries of various market prognosticators. One day the market was down because of China, the next day the market was down because of oil, the next day the market was up because of China and the next day the market was up because of…
Beverly Hills, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Beverly Hills, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $5.6Mil Appraised Value $9.56Mil Occup Non-Owner Occ. Lender Rate 10.00% LTV on Appraised Value 58.57% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Interest 6 months…
Chatsworth, CA DownloadRecent Transaction – Business Purpose Cash-Out Loan Funded – Chatsworth, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $650,000 Appraised Value $1Mil Occup Non-Owner Occ. Lender Rate 9.50% LTV on Appraised Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 18 mos. Guaranteed Interest 6 months …
Pasadena, CA Download $2.08 Mil 1st Trust Deed Funded – Pasadena CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $2,080,000 Appraised Value $3.20Mil Occup Non-Owner Occ. Lender Rate 10.75% LTV on Purchase Price 75.17% Loan Type Business Purpose Purchase Amortization Interest Only Due in 18 mos. Guaranteed…
Tustin, CA Download $981,750 1st Trust Deed Funded, Tustin, CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $981,750 Appraised Value $1,305,900 Occup Non-Owner Occ. Lender Rate 9.50% LTV on Purchase Price 75.17% Loan Type Business Purpose Purchase Amortization Interest Only Due in3 years Guaranteed Interest 6 months …
Happy New Year. We had an amazing 2015 and I want to thank each and every one of you for your support of Mortgage Vintage and CrowdTrustDeed. We experienced solid growth and results in our Hard Money Loan and Trust Deed Investment businesses’. Our message resonates with borrowers and lenders and we continue to build…
Palm Desert, CA Download Recent Transaction – 2nd TD Cash-Out Commercial Loan Funded – Palm Desert, CA Property / Loan Information Property Type Commercial Building Lien Position 2nd TD Loan Amount $320,000 Appraised Value $3.78Mil Occup Non-Owner Occ. Lender Rate 12.75% CLTV on Appraised Value 50.50% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 2 years Guaranteed…
Perris, CA Download Recent Transaction – $150k Construction Loan Funded – Perris CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $150,000 ARV Value $255,000 Occup Non-Owner Occ. Lender Rate 11.00% LTV on ARV Value 58.82% Loan Type Cash-Out Construction Loan Amortization Interest Only Due in 2 years Guaranteed Interest 6 months …
Perris, CA Download Recent Transaction – Construction Loan Funded – $95k Perris CA Property / Loan Information Property Type Vacant Land Lien Position 1st TD Loan Amount $95,000 Estimated Value $220,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on Est. Value 43.18% Loan Type Cash-Out Construction Loan Amortization Interest Only Due in 2 years Guaranteed Interest 6 months …
Why is California the place you want to be? Go West Young Man/Woman! Our Fathers, Settlers, Adventurers, Immigrants, acted on this battle cry and moved west to California. We all know about the weather, but why else do residents put up with California’s housing prices, taxes, traffic and liberal slant? Why do we choose…
Can we do a loan in 48 hours? Yes! I received a call at Noon on a Wednesday from Paul. Paul, a Fix and Flipper and Home Builder, had borrowed successfully from Mortgage Vintage before and was now building infill homes. Paul had purchased some land in Orange County and was in the middle…
Hawthorne, CA Download Recent Transaction – Cash-Out Commercial Loan Funded – Hawthorne, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $470,000 Appraised Value $988,000 Occup Non-Owner Occ. Lender Rate 9.25% LTV on Appraised Value 47.57% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 5 years Guaranteed Interest 6 months …