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 – Bell Gardens: $75,000, 2nd TD, 69.23% CLTV, 11.00% Lender Rate

Borrower and real estate investor was seeking a cash-out 2nd TD on this non-owner occupied 3-unit investment property in LA County.  Proceeds from this loan were used to make improvements to the same property. The subject is a traditional style 3-unit property situated on a large 12,281 SF lot in Bell Gardens, CA. The property itself…

Recently Funded Hard Money Loan – National City: $150,000, 2nd TD, 60.24% CLTV, 10.50% Lender Rate

Borrower and real estate investor was seeking a cash-out 2nd TD on this 16-unit multi-family property in San Diego County. Proceeds from this loan were used to finish updating the units to allow for maximum rental income. The subject is a 16-unit apartment building in National City, CA.  The apartment mix is made up of 10…

Recently Funded Hard Money Loan – Rancho Mirage: $308,000, 1st TD, 50.00% LTV, 7.75% Lender Rate

Real estate investors were seeking a 1st TD to purchase this beautiful Rancho Mirage home. Property will be used as a furnished vacation rental. The subject is a Spanish style single story residence in the gated Mira Vista neighborhood of Rancho Mirage. The home measures 2,332 sf of gross living area and is situated on…

Recently Funded Hard Money Loan – Santa Ana: $1,140,000, 1st TD, 80.00% CLTV, 8.25% Lender Rate

Experienced Real estate investors and developers were seeking a business purpose purchase loan on these 5 parcels which include 3 SFR’s and 2 Vacant Lots.  Borrower plans to build a 5,000 s.f. medical building on 3 of the contiguous parcels.  Borrowers have a “Tenant In Tow” that plan to sign a lease on the newly…

Recently Funded Hard Money Loan – Los Angeles: $1,000,000, 1st TD, 10.00% CLTV, 9.25% Lender Rate

Real Estate Investor, General Contractor and Architect was looking for a business purpose cash-out 1st TD to complete plans and develop hillside property into a 78 unit apartment complex in the Baldwin Hills area of Los Angeles. Borrower’s exit strategy was to obtain a Take-Out construction loan to complete development. Subject View Property is a…

Recently Funded Hard Money Loan – Menifee: $70,600, 2nd TD, 65.00% CLTV, 10.75% Lender Rate

Real estate investor was seeking a cash-out 2nd TD on this non-owner occupied SFR in Riverside County.  Proceeds from this loan were used to make improvements to the same property. The subject property is a contemporary style SFR situated on a large 7,405 SF lot in Menifee, CA. The property is 3,453 SF with 14 total…

Recently Funded Hard Money Loan – Newport Beach: $645,000, 1st TD, 26.65% LTV, 8.00% Lender Rate

Long-time building owners and retired business owners were seeking a business purpose cash out 1st TD to refinance the existing conventional 1st and 2nd TDs, payoff other debts and made some improvements to this Newport Beach mixed use property. Subject property is a two story 3,610 s.f. mixed use commercial building. Owner lives on the…

Recently Funded Hard Money Loan – Chatsworth: $170,000, 2nd TD, 35.05% CLTV, 10.25% Lender Rate

Self-employed and long-time business owner was seeking a cash-out 2nd TD on this beautiful owner-occupied property in Los Angeles county.  Proceeds from this loan were used to invest into borrower’s business. The subject property is a unique SFR featuring a main house, guest house, storage units and horse stables.  The main house is over 4,000 SF…

Recently Funded Hard Money Loan – Irvine: $210,000, 2nd TD, 73.18% CLTV, 11.50% Lender Rate

Borrowers, real estate investors and long-time business owners were seeking a cash-out 2nd TD on this Orange County SFR.  Proceeds from this loan were used to help finish construction on a new house being built in Turtle Rock, Irvine by the borrower’s construction company.  This will be the third home built by the borrower in…

Recently Funded Hard Money Loan – Los Angeles: $125,000, 1st TD, 15.15% LTV, 6.75% Lender Rate

Real estate investor and 30-year FedEx employee was seeking a cash-out 1st TD on this LA non-owner occupied investment property to make improvements and updates to the same property. Property is a 2-story, 3 bedroom / 1.5 bath SFR located in Leimert Park neighborhood of Los Angeles. The property measures 1,671 sf of gross living…

Recently Funded Hard Money Loan – Los Angeles: $50,000, 2nd TD, 60.53% CLTV, 13.99% Lender Rate

Borrower and real estate investor was seeking a cash-out 2nd TD to make home improvements to the subject property. The subject property is located in the Avalon Gardens neighborhood of Los Angeles. The single-story home sits on a 5,030 sqft lot and comprises 3 bedrooms and 1 bath with 898 sqft.  The property is conveniently…

Recently Funded Hard Money Loan – Rosemead: $260,000, 1st TD, 45.22% LTV, 9.99% Lender Rate

Borrower and real estate investor was seeking a cash-out 1st TD on this non-owner occupied property to make improvements to the same property. Property is a traditional 1-story duplex located in Rosemead in LA County.  The subject property is zoned as a 2-unit but currently being used as SFR.  The home is 1,320 sqft and…

Recently Funded Hard Money Loan – Palm Springs: $2,788,300, 1st TD, 50.70% LTV, 10.00% Lender Rate

Real estate investor and long-time auto manufacturer was the majority Tenant at this commercial property.  Borrower joined forces with 2 partners for this purchase opportunity and once the purchase of the subject property was complete, the plans were to supplement the existing auto storage and auto assembly with auto manufacturing at the subject property.   Borrower…

Recently Funded Hard Money Loan – Santa Ana: $269,500, 1st TD, 70.00% LTV, 9.50% Lender Rate

773 fico score borrower, previous successful Mortgage Vintage borrower, real estate investor and experienced “fix & flipper” was seeking a business purpose 1st TD to purchase this prime fix & flip opportunity in Orange County. Property is a traditional 1-story, 2 bdrm/1ba SFR located in Santa Ana.  The Property measures 797 sf of gross living…

Recently Funded Hard Money Loan – Bonsall: $373,750, 1st TD, 65.00% LTV, 10.00% Lender Rate

703 and 666 Fico score real estate investors and business owners were seeking a 1st TD to purchase this non-owner occupied SFR in Bonsall, CA. Bonsall is an agricultural, horse and grape growing community located in North San Diego County. Our subject property is a ranch-style SFR built in 1977 and sits on a Bonsall…

Recently Funded Hard Money Loan – Inglewood: $393,750, 1st TD, 60.58% LTV, 9.50% Lender Rate

Real estate investor and long-time employee with the same company was seeking a new 1st TD on this LA County 4-unit non-owner occupied property to refinance the existing 1st TD and make minor repairs and upgrades to the subject property. The subject property is a fully rented 4-unit property in Inglewood.  Built in 1950, the…

Recently Funded Hard Money Loan – Laguna Beach: $250,000, 2nd TD, 55.65% CLTV, 9.00% Lender Rate

732 fico score borrower, real estate investor and long-time business owner was seeking a cash-out 2nd TD on this beautiful new Laguna Beach property.  Proceeds from this loan were used for ongoing marketing expenses for this same property. Our subject property is a beautiful stunning SFR situated on a corner lot in Laguna Beach.  The…

Recently Funded Hard Money Loan – Los Angeles: $150,000, 1st TD, 21.13% LTV, 7.00% Lender

808 credit score real estate investor and long-time business owner was seeking a cash-out 1st TD.  Loan proceeds from our Mortgage Vintage loan were used to purchase another investment property. The property is tri-plex located in the Jefferson Park neighborhood of Los Angeles.  Property measures 2,490 sf of gross living area and is situated on…

Recently Funded Hard Money Loan – Costa Mesa: $660,000, 1st TD, 59.19% LTV, 9.00% Lender Rate

757 fico score borrower was beginning the process of selling his current primary residence in Huntington Beach to acquire a new permanent residence in Costa Mesa.  Borrower used loan proceeds to purchase his new residence and will then payoff the loan when he sells his residence in Huntington Beach. The subject property is a single-story…

Recently Funded Hard Money Loan – Garden Grove: $30,500, 2nd TD, 70.22% CLTV, 14.00% Lender Rate

Foreign National real estate investor and business owner was seeking a cash-out blanket 2nd TD on these two non-owner occupied Garden Grove properties to invest into his pharmacy business, The Chief Corner Stone. Loan proceeds were used for inventory, marketing and operating expenses. The two subject properties are in the same complex and are next…

Recently Funded Hard Money Loan – Moreno Valley: $33,000, 2nd TD, 70.00% CLTV, 15.00% Lender Rate

Previous successful borrower, foreign national real estate investor and business owner was seeking a cash-out 2nd TD on this non-owner occupied SFR to invest into his pharmacy business, The Chief Corner Stone. Loan proceeds were used for inventory, marketing and operating expenses. Borrower was a previous successful Mortgage Vintage client and owns several investment properties…

Recently Funded Hard Money Loan – Downey: $450,000, 1st TD, 73.77% LTV, 9.50% Lender Rate

750 fico score real estate investor and real estate broker was seeking a business purpose loan to purchase this prime fix & flip opportunity in LA County. Subject property currently is a single-story traditional style SFR situated on a large 25,592 sqft lot in Downey. The subject was built in 1949. Property has 2,171 sqft of…

Recently Funded Hard Money Loan – Westlake Village: $160,000 1st TD, 21.00% LTV, 6.50% Lender Rate

Real estate investor and long-time doctor was seeking a cash-out 1st TD of this Ventura County investment property.  Loan proceeds from this new loan were used to update the same property. The condo is located in Westlake Village very close to Westlake Lake.  The property measures 1,591 sf of gross living area and is situated…