Recently Funded Hard Money Loan in Ojai: $775,000 @ 11.50%, 1st TD, Cash-Out, Single Family Residence, 37.80% LTV

Brokers, Ojai, Recent Transactions

Real estate investor sought a $775K 1st Trust Deed business purpose cash out loan on this “Free and Clear” (no existing debt) non-owner-occupied investment rental SFR property in Ojai, Ventura County, CA.  The purpose of this loan is to use funds to invest in other real estate investment rental properties to add to borrower’s existing Schedule…

Closed! “Owner Occupied” Hard Money Loan: $150,000, 2nd TD, 54.17% CLTV, 10.25% Lender Rate, Ojai, CA

Brokers, Ojai, Recent Transactions

Successful business owner was seeking a business purpose cash-out 2nd TD on this beautiful Ojai SFR in Santa Barbara County.  Funds from our new Mortgage Vintage loan were used to invest back into the borrower’s financial company for working capital. The home is a completely remodeled contemporary style SFR with beautiful mountain views.  The subject…