Recently Funded Hard Money Loan in Manhattan Beach: $295,000 @ 10.50%, 2nd TD, SFR, Cash-Out, 44.00% CLTV

Successful and current Mortgage Vintage borrowers and  business owners sought a business purpose cash-out 2nd TD on this beautiful Manhattan Beach SFR.  Funds from our new Mortgage Vintage loan will be used to refinance the maturing 2nd mortgage held by Mortgage Vintage and to invest back into borrower’s video production company (Wholly Cow Productions). The…

Recently Funded Hard Money Loan- Manhattan Beach: $175,000, 2nd TD, 60.1%CLTV, 11% Lender Rate

Previous successful Mortgage Vintage borrowers, and business owners are seeking a business purpose cash-out 2nd TD on this beautiful Manhattan Beach SFR.  Funds from the Mortgage Vintage loan were used to invest back into borrower’s video production company. The subject property is an SFR located in a prime Manhattan Beach location.  The subject is a…