COMPLETED! HARD MONEY LOAN IN PALM DESERT: $737,000 @10.50%, 1ST TD, CASH OUT, COMMERCIAL, 55.00% LTV
Loan Purpose Mortgage Vintage funded a $737,000 first trust deed cash-out loan on a free-and-clear commercial investment property located just two blocks from the world-famous El Paseo shopping district in Palm Desert, California, directly on high-traffic Highway 111. The borrower, a highly successful entrepreneur and seasoned real estate investor with a documented net worth of…












