Recently Closed! “Owner Occupied” Hard Money Loan: $156,000, 1st TD, 59.20% LTV, Cash-out, 9.50% Lender Rate, Hesperia, CA
Business owner needed a business purpose cash-out 1st TD on this owner occupied SFR in Hesperia located in San Bernardino County. Our MVI loan paid-off an existing hard money 1st as well as cash-out for the borrower to invest back into his Premier Dollar retail store in Victorville, CA. The subject was a well-maintained 1,504…