Beverly Grove West Hollywood loan

COMPLETED! HARD MONEY LOAN IN BEVERLY GROVE / WEST HOLLYWOOD: $1,950,000 @12.00%, 1ST TD, ADU CONSTRUCTION, SFR+ADU, 65.00% LTV

Beverly Grove / West Hollywood, Borrowers, Brokers, Investors, Recent Transactions

Mortgage Vintage successfully funded a $1,950,000 business-purpose first trust deed on a non-owner-occupied Spanish-style single-family residence with a detached accessory dwelling unit (ADU) situated in the Beverly Grove / West Hollywood neighborhood of Los Angeles, California. The Beverly Grove West Hollywood loan was structured as a rate-and-term refinance combined with a funds control component, enabling…

Alhambra hard money loan

COMPLETED! HARD MONEY LOAN IN ALHAMBRA: $1,105,000 @10.00%, 1ST TD, CASH-OUT REFI, SFR, 65% CLTV

Alhambra, Borrowers, Brokers, Investors, Recent Transactions

Mortgage Vintage successfully funded a $1,105,000 business-purpose cash-out refinance secured by a first trust deed on a non-owner occupied single-family residence in Alhambra, Los Angeles County, California. The borrower, an experienced real estate investor with a 687 FICO score and approximately $400,000 in verified cash reserves, used the proceeds to retire an existing first trust…

El Dorado Hills commercial loan

COMPLETED! HARD MONEY LOAN IN EL DORADO HILLS: $200,000 @14.00%, 2ND TD, INVESTMENT PROPERTY, OFFICE, 59.84% CLTV

Borrowers, Brokers, El Dorado Hills, Investors, Recent Transactions

Mortgage Vintage successfully funded a $200,000 second trust deed business-purpose cash-out bridge loan secured by a non-owner-occupied, two-story multi-tenant commercial office and retail property located in an established business corridor in El Dorado Hills, California. The borrower sought this El Dorado Hills commercial loan to support general working capital, maintain portfolio reserves, cover operating expenses,…

Pacifica oceanfront loan

COMPLETED! HARD MONEY LOAN IN PACIFICA: $500,000 @13%, 1ST, CASH-OUT, LAND, 25% CLTV

Borrowers, Brokers, Investors, Pacifica, Recent Transactions

Mortgage Vintage successfully funded a $500,000 first trust deed for an experienced real estate developer seeking temporary liquidity for business-purpose investment activities. The borrower, who had over 40 years of experience in residential, commercial, hospitality, and mixed-use developments, required cash-out financing while completing entitlement approvals and preparing for permanent development financing. The borrower demonstrated strong…

Santa Fe Springs loan

COMPLETED! HARD MONEY LOAN IN SANTA FE SPRINGS: $120,000 @13.50%, 2nd, Cash Out, SFR, 62.67% CLTV

Borrowers, Brokers, Investors, Recent Transactions, Santa Fe Springs

Mortgage Vintage successfully funded a $120,000 business-purpose cash-out bridge loan secured by a second trust deed on a single-family residence in Santa Fe Springs, California. The mother and daughter co-borrowers utilized the loan proceeds for business-purpose working capital and equipment to support their telecommunications supply business operations. This business-purpose cash-out financing was structured as a…

COMPLETED! HARD MONEY LOAN IN LONG BEACH: $747,500 @11.00%, 1ST, INVESTMENT PROPERTY, SFR, 63.60% CLTV

Borrowers, Brokers, Investors, Long beach, Recent Transactions

Mortgage Vintage successfully funded a $747,500 rate and term refinance for a real estate investor on their non-owner occupied single-family property in Long Beach’s desirable El Dorado neighborhood. The borrower utilized the loan to pay off an existing $773,000 first trust deed while bringing $80,000 cash to closing. This investment property had been fully renovated…

COMPLETED! HARD MONEY LOAN IN HACIENDA HEIGHTS: $220,000 @12.50%, 2nd, Cash-Out, SFR, 29.31% CLTV

Borrowers, Brokers, Hacienda Heights, Investors, Recent Transactions

Mortgage Vintage successfully funded a $220,000 business-purpose cash-out loan secured by a second trust deed on a single-family residence in Hacienda Heights, California. The borrower utilized the loan proceeds for business-purpose investment activities. The loan was structured as business-purpose financing and was fully collateralized by the subject property, providing liquidity for the borrower’s investment-related activities.…

Unlocking the Potential of ADUs in Southern California: How Private Money Lending Helps

Blog, Borrowers, Brokers, Investors

Accessory Dwelling Units (ADUs)—also known as backyard homes, garage conversions, or casitas—have become a key part of the housing strategy in Southern California. As housing demand continues to outpace supply, ADUs offer a practical way to add much-needed rental units in existing neighborhoods. Thanks to recent legislation, it’s easier than ever for property owners to…

Using AI in Hard Money Lending and Trust Deed Investments: 10 Real-World Applications

Blog, Borrowers, Brokers, Investors

Artificial Intelligence (AI) is transforming industries across the board, and private money lending is no exception. For business purpose borrowers, private lenders and Trust Deed investors, AI tools offer data-driven insights, operational efficiencies, and improved risk assessment. Below are empirical examples of how AI is being used in hard money lending today: Property Valuations AI-powered…

home being repaired

Navigating the Risks in Lending Based on After Repair Value (ARV) in 2024

Blog, Borrowers, Brokers, Investors

In the ever-evolving landscape of real estate investing, understanding the concept of After Repair Value (ARV) remains crucial. ARV serves as an estimate of a property’s future worth after undergoing necessary repairs and improvements. Unlike the property’s current purchase price, ARV projects its potential value once the renovations are completed. It’s a pivotal tool, primarily…

2022 Metrics that Matter

Blog, Borrowers, Brokers, Investors

Inflation, interest rates, and commodity prices came roaring back in 2022 and caused market turmoil in many asset classes.  Inflation peaked mid-year in the US at circa 9%, housing and food prices rose strongly, and many Wall St. instruments dropped precipitously.  Despite volatility in these capital markets, Trust Deed Portfolios continued to generate consistent results,…

Cash out and Capitalize

Blog, Borrowers, Brokers, Investors

Now may be the time to Cash Out and Capitalize on the steamy housing market.  Home prices continue to reach record highs in the United States. The National Association of Realtors (NAR) released data showing that average home prices in June 2021 reached $363,300 — a 23.4% increase over the average of $294,400 in June 2020, as…

3 A.M. Wakeup

Blog, Borrowers, Brokers, Investors

Trust Deed Investments and the secured, equity protected, non-correlated monthly cash flow should create peaceful and blissful sleep filled nights. Sometimes, however, I wake up at 3 in the morning wondering about this hard money lending business and our loan originations. Usually, these sleepless encounters result from an upcoming decision or circumstance that causes angst. …

Sacramento Foreclosure Legislation Update

Blog, Borrowers, Brokers, Investors

Elections matter and votes for our current Sacramento elected officials have consequences. My last Blog discussed AB 2501 which was a proposed Foreclosure Law that would create moratoriums on Foreclosures.  Our voices, calls, letters and emails to elected officials quelled AB 2501, however the Super Majority in Sacramento took many of those same destructive ideas and passed…

Short to Close, Now What?

Blog, Borrowers, Brokers, Funding, Investors

What does it mean to be short to close? Property sellers, brokers and borrowers cringe when they hear the phrase, “Short to Close”.  This Escrow alarm sent out to all stakeholders in the transaction means that the loan amount is not sufficient to cover all the costs necessary to close the loan transaction.  Unfortunately, the…

California Accessory Dwelling Unit (ADU) Opportunities Update

Blog, Borrowers, Brokers, Investors, Loan Programs, Loan Scenarios

What are the 2020 opportunities in ADU lending?   This Blog is an update to our Additional Dwelling Unit (ADU) Blog published in Sept. 2018.  Many new developments have happened in the last 1½ years relating to ADU’s that influence ADU requirements, development, construction, laws and financing. Recently I organized and spoke on a California…