Done Deal! Hard Money Blanket Loan in Indio: $331,500 @ 10.50%, 1st TD, Cash-Out, LTV 65.00%

Successful, existing Mortgage Vintage Inc. borrower and experienced real estate investor sought a blanket 1st TD business purpose cash out loan on these two non-owner occupied condo rental properties in Indio, Riverside County, CA. The funds from this loan will be used to refinance both investment properties in order to get funds to make minor…

Done Deal! Hard Money Construction Loan in Indio for $1,800,000 @ 10.75%, 1st TD, 60.00% LTV

Owners/operators of a Construction & Development company are sought a business purpose 1st TD loan on these 3 Commercial buildings in Indio, CA. Borrowers are currently underway converting these Commercial buildings into to a single-tenant private Charter school.  Funds from our loan will be used to pay off the existing $1,150,000k purchase loan on the…