Successful business owners sought a small $275,900 2nd Trust Deed business purpose cash out loan on this fully renovated condominium in the desirable “Sea Island” guard gated community in Newport Beach, CA. 100% of the loan proceeds will be used to expand borrowers’ business consulting business. The borrowers’ 1st mortgage is current and in good standing…
Real estate investor sought a cash-out 2nd TD of this non-owner occupied Condo in Orange County. Proceeds from this loan will be used to payoff two business purpose loans and invest back into the property. Our subject property is a beautiful two-story condominium located in Irvine in the Woodbridge neighborhood of Irvine. The property is…
Successful repeat Mortgage Vintage borrowers sought a small 290K 2nd Trust Deed rate and term refinance loan on this owner occupied SFR in the “Turtle Rock” neighborhood of Irvine, Orange County, CA. The purpose of this loan is to refinance out of an existing business purpose 2nd TD with Mortgage Vintage which is current and maturing this…
Successful business owners, real estate investors sought a cash-out 2nd TD Bridge Loan on their investment property in Irvine, Orange County, CA. The funds from our Mortgage Vintage Bridge Loan will be used to purchase the borrower’s new primary residence in Newport Coast, CA. The borrowers are already under contract on this beautiful new home…
Borrowers are highly experienced real estate investors that sought a 1st TD to purchase this SFR new construction investment property in Irvine in Orange County. With a background in the hotel and hospitality industry, the borrowers intend to furnish the property at the completion of the construction and then use as corporate housing to maximize…
Borrowers, real estate investors and long-time business owners were seeking a cash-out 2nd TD on this Orange County SFR. Proceeds from this loan were used to help finish construction on a new house being built in Turtle Rock, Irvine by the borrower’s construction company. This will be the third home built by the borrower in…
Business owner and real estate investor was seeking a cash-out 2nd TD of this non-owner occupied SFR in Orange County. Proceeds from this loan were invested back into the borrower’s insurance agency, The Chadwick Agency. Our subject property is located in Irvine and is a two-story SFR situated on a 4,250 sqft lot. The subject was…
Irvine, CA Download Recent Transaction – $403,310 Consumer Bridge Loan, Irvine CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $403,310 Appraised Value $1,500,000 Occup Owner Occ. Lender Rate 7.50% LTV on Appraisal 26.89% Loan Type Consumer Bridge Loan Amortization Interest Only Due in 11 mos. Guaranteed Int. None …
Irvine, CA Download Recent Transaction – $246,100 Business Purpose Cash-Out Loan Irvine, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $246,100 Broker Price Opinion $1.234Mil Occup Owner Occ. Lender Rate 9.50% CLTV on BPO 65.00% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 24 mos. Guaranteed Int.…
Irvine, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $515,000 BPO Valuation $792,000 Occup Owner Occ. Note Rate 11.50% LTV on BPO Valuation 65.05% Loan Type Business Purpose Cash-Out Amortization 30 Year amort/due in 5 years Guaranteed Interest 6 months Loan Scenario: Borrower is an attorney looking…
Irvine, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position Second Trust Deed Amount $339,000 Property Valuation $957,900 Amortization and Term 30 Year amort/due in 3 years CLTV on As Is Valuation 60.18% Loan Type Business Purpose Cash-Out Occupancy Owner Occupied Prepay Penalty 6 months