Recently Funded Hard Money Loan – Costa Mesa: $660,000, 1st TD, 59.19% LTV, 9.00% Lender Rate

757 fico score borrower was beginning the process of selling his current primary residence in Huntington Beach to acquire a new permanent residence in Costa Mesa.  Borrower used loan proceeds to purchase his new residence and will then payoff the loan when he sells his residence in Huntington Beach. The subject property is a single-story…

Cash-Out Loan Funded – Costa Mesa, CA

Costa Mesa, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $100,000 Estimated Value $860,000 Occup Owner Occ. Interest Rate 12.50% CLTV on Est. Value 34.41% Loan Type Business Purpose Cash Out Amortization Interest Only due in 36 mos. Guaranteed Interest 6 months Loan Scenario: 670 Mid FICO Borrower looking for…