Recent Transaction in Winchester: $123,750 @ 11.00%, 2nd TD, Cash-Out, SFR, 65.00% CLTV

Successful business owner sought a $123,750 2nd Trust Deed cash-out on this beautiful owner-occupied SFR in Winchester, Riverside County, CA. The loan proceeds will be put towards the borrower’s business, Kim’s Cleaning Services, LLC., which has seen much expansion over the past year. She plans to purchase more equipment and do more marketing to maximize revenue.…

Done Deal! Hard Money Commercial Loan in La Habra: $810,000 @ 12.00%, 2nd TD, Cash-Out, 58.40% CLTV

Real estate investor and successful business owner sought a $810K 2nd Trust Deed loan on this non-owner-occupied, multi-tenant commercial-office building in La Habra, Orange County, CA. In addition to this subject property, borrower owns the lucrative “Imperial Spa” in Fullerton, CA with a branch in Las Vegas, NV. The Imperial Spa – Spa in Orange County I…

Closed! Hard Money Loan in Sacramento: $80,000 @ 11.75%, 2nd TD, Cash-Out, SFR, 52.20% LTV

Successful business consultant sought a small $80,000 2nd Trust Deed cash-out on this beautiful owner occupied SFR in Sacramento, CA. The loan proceeds will be put towards the borrower’s consulting business, which has an increase in customer base. She plans to hire help as well as purchase more marketing materials to maximize revenue. The borrower’s $242,000…

Recently Funded Hard Money Loan in Manhattan Beach: $295,000 @10%

Successful and current Mortgage Vintage borrowers and  business owners sought a business purpose cash-out 2nd TD on this beautiful Manhattan Beach SFR.  Funds from our new Mortgage Vintage loan will be used to refinance the maturing 2nd mortgage held by Mortgage Vintage and to invest back into borrower’s video production company (Wholly Cow Productions). The…

Done Deal! Hard Money Land Loan in Apple Valley: $596,000 @ 12.50%, 1st TD, Cash-Out, 80.00% LTV

3x Successful Mortgage Vintage borrowers and 30+ years experienced residential developers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 55+ SFRs similar to this subject property in this same…

Closed! Hard Money Loan in Huntington Beach: $300,000 @ 11.50%, 2nd TD, Cash-Out, SFR, 63.41%CLTV

Successful business owner is seeking a cash-out 2nd TD on this owner occupied SFR in Orange County.  Proceeds from this loan will be invested into expanding the borrower’s company (Iconic Coatings Company – https://iconiccoatingscompany.com/home). Our subject property is a beautiful two-story SFR located in Huntington Beach and sits on a 7,440 sqft lot.  The subject was built…

Closed! Hard Money Construction Loan in Apple Valley: $584,000

3x Successful Mortgage Vintage borrowers and 30+ years experienced residential developers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 55+ SFRs similar to this subject property in this same…

Recently Funded Hard Money Loan in Irvine: $305,000 @ 10.50%, 2nd TD, Cash-Out, SFR, 59.40% CLTV

Successful repeat Mortgage Vintage borrowers sought a small 290K 2nd Trust Deed rate and term refinance loan on this owner occupied SFR in the “Turtle Rock” neighborhood of Irvine, Orange County, CA. The purpose of this loan is to refinance out of an existing business purpose 2nd TD with Mortgage Vintage which is current and maturing this…

Recent Hard Money Purchase in Twentynine Palms: $120,000 @ 10.00%, 1st TD, Cash-Out, 75.00% LTV

Successful, previous Mortgage Vintage borrower and experienced “fix & flip” and “fix & rent” real estate investor sought a 1st TD Purchase Loan on this non-owner occupied, SFR investment property in Twentynine Palms, San Bernardino County, CA. Borrower is bringing in $37,500K “skin in the game” cash to close plus investing additional personal funds and…

Closed! Hard Money Loan in Bakersfield: $900,000 @ 10.50%, 1st TD, Refi, Cash-Out, SFR, 60.00% LTV

Very successful real estate investor and multiple businesses owner sought a 1st TD straight rate and term refinance on this non-owner occupied SFR investment property in Bakersfield, Kern County, CA. In addition to this investment property, borrower wholly owns $18M in market value in Schedule of RE portfolio with $10M Net Equity throughout Kern County,…

Recent Transaction in Huntington Beach: $125,000 @ 10.50%, 2nd TD, Cash-Out, SFR, 47.98% CLTV

Borrowers sought a small 125K 2nd Trust Deed business purpose cash out loan on this owner-occupied SFR in Huntington Beach, Orange County, CA. Loan proceeds will be used to finance expanding sales and marketing activities for borrowers’ wholesale building products business that services local small to medium sized developers. The borrowers $498K 1st TD is a…

Done Deal! Hard Money Loan in Woodland Hills: $127,500 @ 11.50, 2nd TD, Cash-Out, SFR, 65.00% CLTV

Longtime successful real estate investor and business owner sought a business purpose cash-out 2nd TD on this non-owner occupied 2-Unit in Woodland Hills, Los Angeles County, CA. Proceeds from our 2nd position loan will be used to expand his business, Homepro Remodeling and Construction, Inc. The property is comprised of a single family residence with…

Recently Funded Hard Money Blanket Loan in Temecula, Riverside

Successful repeat MVI borrower, 40+ years experienced real estate owner, general contractor and fix & flipper sought a Blanket business purpose cash-out 2nd TD on two SFRs investment properties in Temecula, Riverside County and Pico Rivera, Los Angeles County CA; blanket also includes a 3rd TD on borrower’s primary owner-occupied SFR in Montebello, Los Angeles, CA. All…

Closed! Hard Money Cannabis Loan in Rialto: $357,000 @ 14.50%, 1st TD, Land, Cash-Out, 35.00% LTV

Successful real estate investor and experienced business owner sought a 1st TD business purpose cash out refinance on this agricultural investment property in Hayfork, Trinity County, CA. Our loan was used to pay off a current, existing $190,000 1st that is in good standing. The remaining loan proceeds will be used to expand the cannabis grow…

Done Deal! Recent Hard Money Purchase in Willow Creek: $780,000

20 years + business owner/operator borrower sought a 1st Trust Deed to purchase this commercial and agricultural land subject property in Willows Creek, Humboldt County, CA. Borrower bringing $260K “skin in the game” towards down payment and seller is carrying a 2nd Trust Deed behind our 1st TD. Property appraised for $2.6M and Purchase Price is $2.6M. The…