Recently Funded Hard Money Loan – Anaheim: $1,800,000, 1st TD, 60.00% LTV, Lender Rate 8.25%

Borrowers were outstanding previous Mortgage Vintage borrowers with 10 successful loans and 7 paid off, sought a 1st TD to help complete the purchase of this 14-unit multi-family property in Anaheim in Orange County.  The borrowers have a high level of real estate investment experience in and around the Orange County area covering both residential…

Recently Funded Hard Money Loan in Whittier for $681,000 1st TD @ 10.50%, 55.00% LTV on Purchase Price, 49.15% LTV on Appraised Value, Commercial, 36 Mos., 9 Mos Guar Int, $62,425 min inv

Business owner and real estate investor sought a 1st trust deed to complete the purchase of this commercial property in Whittier in LA County.  Though currently vacant, the borrower has a tenant-in-tow that has signed a 3-year lease starting at $7,500/month for the 1st floor of the building.  The lease began July 1st. The subject…

Recently Funded Hard Money Loan – Anaheim: $1,800,000, 1st TD, LTV, Lender Rate 8.25%

Borrowers sought a 1st TD to help complete the purchase of this 14-unit multi-family property in Anaheim in Orange County.  The borrowers have a high level of real estate investment experience in and around the Orange County area covering both residential and commercial real estate.  The exit strategy from our loan is a commercial bank…

Recently Funded Hard Money Loan – Irvine: $1,030,000, 1st TD, LTV 50.74%, Lender Rate 9.00%

Borrowers are highly experienced real estate investors that sought a 1st TD to purchase this SFR new construction investment property in Irvine in Orange County.  With a background in the hotel and hospitality industry, the borrowers intend to furnish the property at the completion of the construction and then use as corporate housing to maximize…

Recently Funded Hard Money Loan – Modesto: $214,500, 1st TD, 65.00% LTV, Lender Rate 10.50%

Business owners and real estate investors sought a new business purpose cash-out 1st TD on this non-owner occupied investment property in Modesto, CA in Stanislaus County.  Funds from our loan will be used to payoff an existing 1st as well as for making improvements to the same property. The subject property is 1,220 SF ranch…

Recently Funded Hard Money Loan – San Bernardino : $100,000 1st TD, 15.36% LTV, 10.00% Lender Rate

Real estate investor and previous successful MVI borrower is sought a business purpose cash-out 1st TD on this two-unit commercial building in San Bernardino.  Funds from our loan are being used for capital and tenant improvements on both the front and rear building.   The subject property is a commercial property in San Bernardino situated…

Recent Funding in Lancaster, CA: $143,000 1st TD @ 9.50%, 65.00% LTV, SFR, NOO, 24 Mos. Term.

Real estate investor and full-time wage earner employee sought a cash-out 1st TD on this Lancaster SFR in LA County.  Funds from our loan were used to payoff a 1st & 2nd TD as well as cash-out to make minor updates to the same property. The subject property was a traditional style single story SFR…

Recently Funded Commercial Purchase Transaction: $1,418,400 1st TD @ 8.50%, 60.00% LTV, Purchase, NOO, 36 Month Term.

Investment Scenario: 788 credit score borrower and long-time business owner was seeking a business purpose 1st TD to purchase this industrial building in Fullerton, CA in Orange County. The subject property was a 12,000 SF industrial building with 3 tenants – 100% occupancy.  The building was 12,000 SF.  Each unit offered an entrance from East…

Recently Closed Commercial Property Situated in Carlsbad, CA: $300,000 3rd Trust Deed, 60.00% CLTV, 12 Month Term.

Long-time real estate investor and  business owner was seeking a business purpose, cash-out 3rd TD on this Industrial Flex property in Carlsbad, CA.  Funds from our loan were used to help relocate his sports flooring and locker manufacturing business to Ensenada, Mexico where he is building a 25,000 SF factory.  For the past 20 years…

Recently Funded Ground-up Construction Loan: $625,900 1st TD, SFR, 9.50% Lender Rate 55.00% LTV on ARV, 100% Funds Control of Budget, Rancho Cucamonga, CA

Real estate investor/builder was seeking a business purpose construction loan 1st TD on this Rancho Cucamonga permitted and entitled lot that he purchased in Dec. 2019.  Funds from our loan were used to payoff an existing lien on the property as well as fund the construction of the approved and permitted project.  At completion, the…

Closed! SFR Purchase in Orinda, CA: $656,250 1st TD, 9.50% Lender Rate, Orinda, Contra Costa County, CA

Previous successful MVI borrower and highly experienced general contractor was seeking a business purpose 1st TD to purchase this SFR in Orinda, CA in Contra Costa County.  Upon the close of escrow the borrower then put his 15 years of experience to work to remodel the kitchen, bathrooms, replace the roof and paint the home. …

Recently Funded Fix and Flip in Los Angeles: $353,624, 1st TD, 80% LTV on Purchase Price + 80% of Rehab Cost, 9.00% Lender Rate

Real estate investor and long-time general contractor was seeking a business purpose purchase loan to Fix & Flip this SFR in Los Angeles.  The loan of choice for this scenario was the “MVI 80/80” fix & flip loan where we provide 80% of the purchase price and 80% of the rehab cost all on one…

Funded in Carlsbad! “Owner Occupied” Hard Money 2nd TD: $145,500, 69.97% CLTV, Cash-out, 9.50% Lender Rate

Business owner was seeking a business purpose cash-out 2nd TD on this owner occupied SFR in Carlsbad.  Funds from our loan were used to payoff an existing 2nd and to purchase a nail salon. The subject property is a traditional style SFR located in Carlsbad in San Diego County.  The two-story home is 2,104 SF…

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

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…

Done Deal! Recently Closed Private Money 2nd TD: $119,000, 69.97% CLTV, 10.50% Lender Rate, Simi Valley, CA

Real estate investor was seeking a business purpose cash-out 2nd TD to make improvements to a non-owner occupied SFR investment property in Simi Valley in Ventura County. The subject property is a contemporary style SFR located in Simi Valley in Ventura County.  The two-story home is 3,163 SF and sits on a large 10,454 SF…

Funded! “Lease Option to Buy” Hard Money Loan in Seal Beach: $967,000, 1st TD, 53.87% LTV, 7.25% Lender Rate

Real estate investors were seeking a 1st Trust Deed to purchase this Seal Beach SFR as an investment property with the intent to continue the rehab of the property and then either sell the property or conventionally refinance as a rental property once the rehab is complete.  The Borrowers entered into a Lease Option Agreement…

Closed! “Lease Option to Buy” Hard Money Loan: $1,200,000, Commercial, 1st TD, 55.81% LTV, 10.50% Lender Rate, Lompoc, CA

Long-time business owner was seeking a business purpose 1st TD to purchase this commercial shopping center in Lompoc, CA in Santa Barbara County.  The borrower has been acting as the property manager of this property since 2015 and is now exercising his right to purchase the property for $1.2M under a Lease Option to Buy…

Funded! “Owner Occupied” Hard Money 2nd TD: 69.43% CLTV, 11.00% Lender Rate, Huntington Beach, CA

Long-time business owner was seeking a business purpose 2nd TD on this SFR home in Huntington Beach in Orange County.  Our new loan paid-off an existing 2nd TD used for business related expenses to the borrower’s IT Consulting company, as well as a tax lien.  There is no cash-out to the borrower – all payoffs…

Done Deal! Hard Money Commercial Loan in San Clemente: $845,000 1st TD, 65.00% LTV, 10.00% Lender Rate

Real estate investor, business owner and current MVI borrower sought a rate and term refinance (no cash-out) of his current business purpose 1st TD on a commercial building in San Clemente in Orange County.  Funds from the loan were used to payoff a Mortgage Vintage 1st TD that was performing and matured on 10/1/19. The…

Recently Closed! “Owner Occupied” Hard Money Loan: $156,000, 1st TD, 59.20% LTV, Cash-out, 9.50% Lender Rate, Hesperia, CA

Business owner needed a business purpose cash-out 1st TD on this owner occupied SFR in Hesperia located in San Bernardino County. Our MVI loan paid-off an existing hard money 1st as well as cash-out for the borrower to invest back into his Premier Dollar retail store in Victorville, CA. The subject was a well-maintained 1,504…

Done Deal! “Mixed-Use” Hard Money 2nd TD: $264,000, 60.00% CLTV, Cash-out, 11.25% Lender Rate, Lakeside, CA

Real estate investor & business owner was seeking a cash-out 2nd TD to payoff existing business debts and invest back into his company. The subject property is a mixed-use commercial property with 4 buildings totaling 5,782 SF.  The main building is a two-story 2,321 SF SFR with an offices and kitchen on the ground floor…

Funded! Hard Money Loan 2nd TD: $170,000 2nd TD, 57.56% CLTV, Cash-out, 10.00% Lender Rate, Encinitas, CA

Long-time business owner needed a business purpose cash-out 2nd TD on this Encinitas investment property in San Diego County.  Funds from our loan were used to make minor improvements so the borrower can increase rent.  Exit strategy from our loan is a conventional refi or a possible sale. The subject is a 3,342 SF split…