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 – Perris: $130,000, 1st TD, 44.07% LTV, 8.00% Lender Rate

Real Estate Investor and Rehabber was looking for a business purpose cash-out to payoff current maturing 1st TD. Subject Property is a Single Family Manufactured Home built in 1998 with 3 bedrooms, 2 full baths and 1,512 square feet of living space. Manufactured Home has permanent foundation permit (Form 433A) and is sitting on a…

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    …