Recently Funded Hard Money Blanket Loan in Costa Mesa and Palm Desert: $423,000 @ 8.50%, 1st TD, Cash-Out, SFR and Condo, 24.96% LTV

Repeat Mortgage Vintage Inc. through “CrowdTrustDeed” borrower, very successful Southern California realtor and real estate investor sought a 1st TD blanket cash out loan on these two “Free and Clear” non-owner occupied SFR + Condo investment properties. The Condo is in Costa Mesa, Orange County, CA and the SFR is located in the Palm Valley…

Recent Transaction in Palm Desert – 2nd Business Purpose Cash-Out

Palm Desert, CA Download Recent Transaction – 2nd TD Cash-Out Commercial Loan Funded – Palm Desert, CA Property / Loan Information Property Type Commercial Building Lien Position 2nd TD Loan Amount $320,000 Appraised Value $3.78Mil Occup Non-Owner Occ. Lender Rate 12.75% CLTV on Appraised Value 50.50% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 2 years Guaranteed…