1. Loan Purpose: President/CEO sought a 2nd Trust Deed on this owner occupied SFR located within the privately gated “Covenant Hills” suburban neighborhood in Ladera Ranch, Orange County, CA. The purpose of this loan is to pay off an existing and in good standing $346K 2nd TD business purpose loan and the balance used to…
Real Estate investor sought a new business purpose purchase 1st TD on this non-owner occupied Duplex investment property in Laguna Beach, CA in Orange County. Funds from our loan will be used to purchase the subject property for $1.95 Mil. Borrowers’ Down Payment will be more than $500k. The subject property is 1,914 SF duplex…
Recent Transaction – $350,000 Business Purpose, Ladera Ranch, CA Real Estate investor and business owner was seeking a cash-out 2nd mortgage for working capital for his custom home building business, SC Homes. Subject Property is a beautiful 2-story, 5 BR / 5 BA contemporary SFR situated in the Covenant Hills area of Ladera Ranch, CA.…
Ladera Ranch, CA Download Full Summary Property / Loan Information Property Type Residential Condo Lien Position 1st TD Loan Amount $390,000 Purchase Price $600,000 Occup Non-Owner Occ. Interest Rate 10.00% LTV on Purch. Price 65.00% Loan Type Rental Purchase Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: Real Estate Investor and previous…
Ladera Ranch, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD 1st TD Loan Amount $283,400 As Is Valuation $436,000 Rent Estimate $2,665/mo LTV on Purchase 65.00% Loan Type Investment Purchase Amortization 40 Year amort/due in 3 yr Prepay Penalty 6 months