Closed! Hard Money Bridge Loan in Culver City and San Clemente: $275,000 @ 9.00%, 1st TD, Purchase, Single Family Residence, Condo, 15.33 LTV

Brokers, Culver City, Recent Transactions, San Clemente

Borrower sought a 1st TD cash-out bridge loan cross-collateralized on current primary residence ‘Free and Clear” Condo in Culver City, Los Angeles, CA and their future primary residence SFR in San Clemente Orange County, CA. The funds from our loan will be used towards purchasing the San Clemente subject property currently in escrow while they…

Closed! Purchase Bridge Loan in Culver City: $600,000 2nd TD, 40.91% CLTV, SFR, 10.50% Lender Rate

ber, Brokers, Culver City, Recent Transactions

Successful LA based Architect/Builder borrower sought a 2nd TD cash-out bridge loan on this owner-occupied SFR w/ ADU property in Culver City, Los Angeles, CA. The funds from our loan will be used to pay-off a small, current 182k HELOC and the remaining funds will be used to purchase the borrowers new out-of-state primary residence…