Recently Funded! Hard Money Loan in Buena Park: $420,000 @12.50%, 2nd TD, Cash-Out, SFR, 59.96% CLTV

Executive Summary Borrower sought a 2nd TD cash-out loan secured by an owner-occupied single-family residence located in Buena Park, Orange County, California. The loan proceeds will be used to acquire a 25% ownership interest in a business consulting firm. Property Overview The subject property is a well-maintained, two-story colonial-style single-family residence in Buena Park’s most…

Recently Funded Hard Money Loan in Buena Park: $210,000 @ 12.50%, 2nd TD, Single Family Residence, 55.14 CLTV

Successful Mortgage Vintage Borrower and Real Estate Investor is seeking a Business Purpose Refinance 2nd Trust Deed on this owner occupied property in Buena Park.  This is refinance of an existing loan. The original loan was used to to acquire 8-acres of fully entitled and permitted land in Indio, CA to build a 132 bed…