Recently Funded Hard Money Loan- Murrieta: $320,500, 2nd TD, 67.0% CLTV, 11.0% Lender Rate

Real estate investor and business owner was seeking a business purpose 2nd TD on this SFR investment property in Murrieta in Riverside County.  Our new loan paid an existing 2nd TD, a Hero lien and minimal cash-out to invest into the borrower’s construction business. The subject property is a beautiful ranch style home located in…

Fix and Flip Loan Funded – Murrieta, CA

Murrieta, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $1.56Mil Purchase Price $1.95Mil Occup Non-Owner Occ. Interest Rate 11.50% LTV on Purch Price 80.00% Loan Type Fix and Flip Amortization Interest Only due in 12 mos. Guaranteed Interest 6 months Loan Scenario: 737 Mid FICO Real Estate Investor and General Contractor…