Recently Funded Hard Money Loan in Perris: $270,000 @ 10.75%, 2nd TD, Cash-Out, SFR, 60.73% CLTV

Experienced real estate investor sought a business purpose 2nd TD cash-out on this ranch rental investment property in Perris, CA. Borrower’s current $7.25M combined market value investment property portfolio with only $2.50M in combined mortgage debt is documented in their Schedule of Real Estate located in investor dropbox file. Funds from our loan proceeds will…

Done Deal! Hard Money Loan 1st TD $285,000 Perris, CA – Mortgage Vintage

Previous successful Mortgage Vintage borrower and real estate investor/General Contractor builders sought a business purpose construction loan 1st TD on this Perris, CA lot that was purchased in May, 2018.  Borrowers successfully acquired permits and entitlements to build this SFR.  Funds from our loan are being used to payoff an existing seller carry back lien…

Recently Funded Hard Money Loan in Perris for $130,500

Perris, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Perris, CA Property / Loan Information Property Type Residential Mfg. Home Lien Position 1st TD Loan Amount $130,500 BPO Value $225,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on BPO Value 58.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int.…

Recent Transaction in Perris – Cash-Out Construction Loan

Perris, CA Download Recent Transaction – $150k Construction Loan Funded – Perris CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $150,000 ARV Value $255,000 Occup Non-Owner Occ. Lender Rate 11.00% LTV on ARV Value 58.82% Loan Type Cash-Out Construction Loan Amortization Interest Only Due in 2 years Guaranteed Interest 6 months      …

Recent Transaction in Perris – Cash-Out Construction Loan

Perris, CA Download Recent Transaction – Construction Loan Funded – $95k Perris CA Property / Loan Information Property Type Vacant Land Lien Position 1st TD Loan Amount $95,000 Estimated Value $220,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on Est. Value 43.18% Loan Type Cash-Out Construction Loan Amortization Interest Only Due in 2 years Guaranteed Interest 6 months    …