Loan Purpose Business owners sought a $199,850 business purpose 2nd Trust Deed cash out loan on this owner-occupied, nice suburban SFR property on a cul-de-sac in Fullerton, Orange County, CA. The borrowers will be using the loan proceeds to do some minor cosmetic upgrades to their rental property in Michigan and the balance placed in their…
Real estate investor and Company Owner sought a refi cash-out 1st TD on this non-owner-occupied SFR in Fullerton, CA in Orange County. Funds from our loan will be used to payoff an existing mortgage and to finish the renovation of the property. The borrower is CEO of the 120 person Cut and Sew Company in…
Successful Business Owner was in search a small business purpose cash-out 2nd Trust Deed on this owner-occupied SFR in Fullerton, Orange County, CA. Loan proceeds will be used for a capital infusion and expansion into the borrower’s manufacturing business, New Era Uretane, Inc. The exit strategy from our loan is a refinance within the next 12-18…
Very successful business owner and real estate investor is seeking a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. Mortgage Vintage facilitated the Seller’s purchase loan on this property 3 years ago. This loan will be replacing Mortgage Vintage’s existing and in good standing 1st Trust Deed with this new…
Very successful real estate investor and business owner of 45 years sougth a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. In addition to our loan, borrower is bringing in $1,290,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $1,051,250. The…
Borrowers sought a 1st and 2nd TD cash-out bridge loan cross-collateralized on their current primary residence SFR in Downey, Los Angeles, CA and their future primary residence SFR in Fullerton, Orange County, CA. The funds from our loan will be used towards purchasing the Fullerton subject property currently in escrow while they are prepping to…
Successful real estate investors and previous Mortgage Vintage Borrowers are seeking a 1st TD Refinance loan on this non-owner occupied Duplex rental property in Fullerton, Orange County, CA. Borrower is taking cash-out of a 22 Unit Apartment Building they own free and clear in Anaheim and is using those cash out proceeds to pay down…
Previous successful Mortgage Vintage borrowers and real estate investors were seeking a business purpose cash-out 1st TD on this non-owner occupied SFR in Fullerton in Orange County. Funds from the loan were used to help purchase another investment property. The subject is a ranch style home with 6 rooms and 3 BR/2 BA. The home…
Self-employed, repeat and successful Mortgage Vintage, Inc. Borrower, was seeking a business purpose cash out loan on multi-family property to purchase apartment building in Pomona. Subject is a 10-Unit Multi-Family Property. The property has 6,500 net rentable area. The property has 2 free standing apartment buildings. Each building is 1-story with average quality class “D”…