Recently Funded Hard Money Loan in Los Angeles: $690,000 @ 6.00%, 1st TD, Multi-Family, 29.61% LTV, Cash-Out Refi

Successful real investor sought a 1st TD business purpose cash-out refinance loan on this 8 unit, non-owner occupied, apartment building in Los Angeles, Los Angeles County, CA.  Funds from our loan will be used to pay off a small, current $140k 1st TD and the balance of the funds will be used for interior and…

Closed! Purchase in Indio: $666,250 1st TD @ 7.50%, SFR, 65.00% LTV

Real estate investors are sought a 1st TD loan to purchase this non-owner occupied, SFR investment property in Indio, Riverside County, CA.  Borrower is putting down approx. $358,000 of their own money towards this Purchase. Exit strategy is a conventional refinance. The subject property is a Spanish styled, SFR with mountain views, located in the…

Done Deal! Hard Money Loan in Santa Ana: $160,000 @ 12.99%, Duplex, 2nd TD, 57.49% CLTV, Cash-Out, 10.00% Lender Rate

Successful Mortgage Vintage Inc. borrower and real estate investor is seeking a 2nd TD business purpose cash out loan on this non-owner occupied Duplex investment rental property in Santa Ana, Orange County, CA. Borrower is pulling cash out of this investment property to purchase another investment rental property in Santa Ana. Borrower owns multiple rental…

Recently Funded Hard Money Loan in Landers: $195,000, 1st TD, SFR, 65.00% LTV, Cash-Out, 10.50% Lender Rate

Real estate investor is sought a 1st TD refinance loan on this non-owner occupied SFR investment property and adjacent vacant lot in Landers, San Bernardino County, CA. Funds from our loan will be used to pay-off an existing 1st TD that is currently in default. Borrower fell behind due to a work-related injury while serving…

Closed! Purchase Bridge Loan in Culver City: $600,000 2nd TD, 40.91% CLTV, SFR, 10.50% Lender Rate

Successful LA based Architect/Builder borrower sought a 2nd TD cash-out bridge loan on this owner-occupied SFR w/ ADU property in Culver City, Los Angeles, CA. The funds from our loan will be used to pay-off a small, current 182k HELOC and the remaining funds will be used to purchase the borrowers new out-of-state primary residence…

Done Deal! Hard Money Loan in Indio: $548,250, 1st TD, Duplex, 59.27% LTV, Cash-Out, 7.25% Lender

Successful real investor sought a 1st TD business purpose cash-out refinance loan on these two non-owner occupied SFRs rental properties in Indio, Riverside County, CA.  Funds from our loan will be used to pay off a current 1st TD, the balance of the funds will be used for minor remodeling on subject properties and towards…

Recently Funded Hard Money Loan in Carson: $55,000 2nd TD, 68.36% CLTV, Cash-Out, 10.00% Lender Rate

Successful Mortgage Vintage borrower and real estate investor sought a business purpose cash-out 2nd TD on this investment property. The funds from our loan will be used to make improvements on another investment property borrower owns in Carson, Los Angeles County, CA. Exit strategy is a conventional refinance of either this property or one of…

Closed! Commercial Purchase in San Bernardino: $1,118,600 1st TD @9.50%, Mutli-Family, 70.00% LTV

Experienced real estate investor sought a 1st TD to purchase this 19-unit multi-family investment property in San Bernardino, San Bernardino County, CA.  The borrower currently owns and operates a 4 unit, multi-family investment property and is acquiring this subject property to expand borrower’s real estate investment portfolio. The subject property is a gated, two story,…

Done Deal! Hard Money Loan in Redondo Beach: $250,000 @ 6.25%, 1st TD, Purchase, 22.22% LTV

Real estate investor and experienced Fix & Flip designer sought a business purpose loan to purchase this prime fix & flip opportunity in Redondo Beach, Los Angeles, CA. The subject property is a 3-bedroom/2-bathroom SFR located in Redondo Beach’s highly desirable beach city neighborhood. The 1,615 SF home sits on a 2,501 SF lot with…

Closed! Hard Money Loan in Valley Center for $550,000, 1st TD, 7.25% Lender, Cash-Out, 46.025%LTV

Real estate investor borrower sought a 1st TD loan for this non-owner occupied SFR investment property in Valley Center, San Diego County, CA.  Funds from our loan will be used to pay-off an existing 1st TD and the remaining funds will be used to make minor upgrades to subject property. Subject property is a Spanish…

Done Deal! Hard Money Loan in Laguna Beach: $115,000, 2nd TD @ 10.00%, Cash-Out, 57.16% CLTV

Existing Mortgage Vintage borrower, real estate investor and local Laguna Beach Realtor sought a business purpose cash-out 2nd TD on this Ocean View SFR non-owner occupied rental property in Laguna Beach, Orange County, CA. Funds from our loan will be used to support this investment property’s overhead while borrower obtains a conventional loan to to…

Recent Transaction in Encino: $170,000, 2nd TD, 24.50% CLTV, Cash-Out, 9.00% Lender Rate

Borrower sought a business purpose cash-out 2nd TD on this owner occupied SFR property in Encino, Los Angeles County, CA.  The funds from our loan will be used to launch borrower’s online retail clothing and provide working capital for his existing photography company. The subject property is a contemporary, one story SFR in good condition,…

Recently Funded Hard Money Loan in Cathedral City: $357,000, 1st TD @ 7.00%, Purchase, 50.37% LTV

Experienced real estate investor sought a 1st TD loan to purchase this non-owner occupied SFR investment property in Cathedral City, Riverside County, CA.  Borrower is putting down $340k of their own money towards this Purchase. Borrower owns four other investment properties in the area. Subject property is in a gated community, great condition and ready…

Closed! Vacant Land Purchase: $64,750, 1st TD, 50.00% LTV, 9.50% Lender Rate in Perris, CA

Experienced real estate investors sought a 1st TD loan to purchase these non-owner occupied 7 vacant land lots in Perris, Riverside County, CA.  Borrowers intend to hold on to properties which are zoned for rural residential and build SFRs on each in the future or sell vacant lands as they increase in value. Borrowers are…

Done Deal! Hard Money Loan in Los Angeles: $330,000 @ 11.00%, 2nd TD, Cash-Out, 60.59% CLTV

Experienced real estate investor and attorney sought a business purpose cash-out 2nd TD on this non-owner occupied SFR rental property in Westwood, Los Angeles County, CA.  The funds from our loan will be used  towards the purchase of two 5 acre investment mining properties in CA and to bring current the existing 1st TD in…

Closed! “Fix & Rent” in Santa Ana: $337,500 @ 8.50%, 1st TD, Purchase, 75.00% LTV

Experienced real estate investor sought a 1st TD loan to purchase this non-owner occupied “Fix & Rent” SFR investment property in Santa Ana, Orange County, CA. In addition to renting out this SFR after some minor repairs, borrower plans to maximize investment income by building an ADU on the subject property’s large, unused lot.  Borrower…

Done Deal! Hard Money Loan in Monrovia: $270,000 1st TD, 31.03% LTV, Cash-Out, 7.00% Lender Rate

Borrower sought a 1st TD refinance loan on this non-owner occupied SFR investment property in Monrovia, Los Angeles County, CA. Funds from our loan will be used to pay off an existing reverse mortgage (227k). Borrower’s father owned this subject property. Father recently passed away and borrower inherited this subject property.  The subject property is…

Recently Funded Hard Money Loan in Costa Mesa: $357,000, 2nd TD @ 13.00%, Cash-Out, CLTV 7.00%

Experienced real estate investor, developer and existing Mortgage Vintage borrower is sought a 2nd TD business purpose cash-out on these two SFR investment properties in Costa Mesa, CA.  Funds from our loan will be used to pay-off a small, existing 2nd TD ($86k) and the rest of the funds ($200k) will be held in Funds…

Recent Transaction in Lake Arrowhead: $250,000 1st TD @ 7.50%, Cash-Out, 59.985% LTV

Real estate investor is sought a 1st TD Cash-Out Refinance loan on this non-owner occupied SFR investment property in Lake Arrowhead, San Bernardino County, CA. Funds from our loan will be used to pay-off an existing HELOC lien and balance of funds will be used to complete interior property renovations. The subject property is a…

Done Deal! Hard Money Construction Loan in Indio for $1,800,000 @ 10.75%, 1st TD, 60.00% LTV

Owners/operators of a Construction & Development company are sought a business purpose 1st TD loan on these 3 Commercial buildings in Indio, CA. Borrowers are currently underway converting these Commercial buildings into to a single-tenant private Charter school.  Funds from our loan will be used to pay off the existing $1,150,000k purchase loan on the…

Recently Funded Hard Money Loan – Fullerton: $330,750 @6.25%, 44.40% LTV

Successful real estate investors and previous Mortgage Vintage Borrowers are seeking a 1st TD Refinance loan on this non-owner occupied Duplex rental property in Fullerton, Orange County, CA.  Borrower is taking cash-out of a 22 Unit Apartment Building they own free and clear in Anaheim and is using those cash out proceeds to pay down…

Closed! Hard Money Loan in Anaheim for $294,000, 1st TD, 45.94% LTV, 6.25% Lender Rate

Successful real estate investors and previous Mortgage Vintage Borrowers are seeking a 1st TD Refinance loan on this non-owner occupied SFR rental property in Anaheim, Orange County, CA.  Borrower is taking cash-out of a 22 Unit Apartment Building they own free and clear in Anaheim and is using those cash out proceeds to pay down…

Done Deal! Hard Money Loan in Anaheim: $300,000 1st TD, 44.78% LTV, Cash-Out, 6.25% Lender Rate

Successful real estate investors and previous Mortgage Vintage Borrowers are seeking a 1st TD Refinance loan on this non-owner occupied SFR rental property in Anaheim, Orange County, CA. The subject property is a two story SFR with 1,967 SF of rentable living space sitting on a 6,098 SF lot. The subject property has 4 Bedrooms…

Closed! Construction Loan in Costa Mesa for $2,958,000 1st TD, 58.00% LTV, Lender Rate 8.50%

Experienced real estate investor, developer and existing Mortgage Vintage borrower sought a Blanket 1st TD on these two SFR investment properties in in Costa Mesa, CA.  Funds from our loan will be used to pay-off higher interest rate TD’s on subject properties and provide cash-out to finish construction.  We will be paying off a $2.3…

Recent Transaction in Malibu: $4,000,000 1TD, 20.00% LTV, Cash-Out, 8.00% Lender Rate

Successful business owners sought a business purpose cash-out 1st TD on this “free & clear”, owner-occupied, SFR in Malibu, CA. The funds from our loan are being used to expand borrowers current business Greenrock Life Group, LLC. This company provides a life settlement marketplace to individual investors. The subject property has been in the family…

Done Deal! Purchase in Orinda: $660,000 1st TD, 80% LTV, 10.99% Lender Rate

Real estate investor, previous Mortgage Vintage borrower and experienced Fix & Flip general contractor is sought a business purpose loan to purchase this prime fix & flip opportunity in Orinda, Contra Costa County, CA. The subject property is a 3-bedroom/2-bathroom SFR located in Orinda’s desirable Ivy Drive neighborhood. The 1,572 SF home is situated on…

Closed! Fix and Flip in Los Angeles: $360,000 1st TD, 67.29% LTV on Purchase Price, 8.50% Lender Rate

Experienced real estate investor and Licensed General Contractor sought a business purpose 1st TD to purchase and “Fix and Rent” this investment property Triplex in Los Angeles, CA.  Upon the close of escrow the borrower will immediately begin remodeling Triplex then refinance the property into a conventional loan.  The borrower only sought purchase money, he…