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…

Recently Funded Hard Money Loan – Anaheim: $650,000 1st TD @ 6.25%, 12.15% LTV

Successful real estate investors and previous Mortgage Vintage Borrowers are sought a business purpose cash-out 1st TD on this “Free & Clear”, NOO, 100% Rented, 22 Unit Multi-Family Residential building in Anaheim, CA. The funds from our loan will be used to pay down loan amounts on 3 other real estate investment properties borrowers own…

Done Deal! Recently Closed Private Money Loan in Newport Beach: $607,500, 2nd TD, 64.64% CLTV, 10.00% Lender Rate

Successful business owner is sought a business purpose cash-out 2nd TD on this owner occupied SFR in Newport Beach, Orange County, CA. The majority of the loan proceeds will be used to support the expansion of the borrower’s growing Telemedicine business “Pioneer Technologies Solutions” and the balance of the funds will be held in funds…

Closed! Vacant Land in Penn Valley, CA : $436,000 1st TD, 34.99% LTV, 13.00% Lender Rate

Experienced real estate developer and investor sought a business purpose cash-out 1st TD on this non-owner occupied, vacant land in Penn Valley, CA.  Funds from our loan were used to payoff a small existing 127k 1st TD.  Additional cash-out will be applied to the development of Retirement & Affordable Housing units on this subject property…

Recent Transaction in Santa Ana: $468,000 1st TD, 60.00% LTV, Cash-out, 9.00% Lender Rate

Real Estate Investor and previous Mortgage Vintage borrower sought a cash-out refinance 1st TD on this “free and clear” mixed use office/residential condominium property in Santa Ana, CA in Orange County.  The property is currently, and has since inception, being used as the Headquarters for Caboraca Investments, Inc.  which is a Real Estate Brokerage and…

Done Deal! Hard Money Loan 1st TD $211,250 in Lake Hughes, CA – Mortgage Vintage

Real estate investor and registered nurse sought a 1st TD to purchase this Lake Hughes non-owner investment property. Property is a 6 unit apartment development.  The subject property consists of five detached cottage-styled units and a detached single family residence.  There is a detached community laundry room.  The property contains a total of 1,608 sf…

Done Deal! Hard Money Loan 1st TD $2,000,000 in Laguna Beach, CA – Mortgage Vintage

Experienced real estate investor and local Laguna Beach Realtor sought a cash-out refinance 1st 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 payoff existing 1st and 2nd liens, additional small amount of cash-out will be used to make minor…

Done Deal! Hard Money Loan 1st TD $2,767,500 in Santa Ana, CA – Mortgage Vintage

The subject property is a concrete tilt up, Class “B” 17,281 SF single-story industrial building on 1.03 acres located in Santa’s Ana’s “Green Zone”. The property is well located near the 405 & 55 freeways just off of Harbor Blvd. There are currently two units: front retail and back warehouse. The site has 28 parking…

Done Deal! Hard Money Loan 2nd TD $50,000 Riverside, CA – Mortgage Vintage

Business owner and real estate investor is sought a cash-out 2nd TD of this owner occupied SFR in Riverside County.  Borrower plans to use the loan proceeds to invest into the borrower’s body lotion and soap business, Organic Heaven. Our subject property is a beautiful custom built two-story SFR located in Riverside and sits on a…

Done Deal! Hard Money Loan 1st TD $1,440,000 Costa Mesa, CA – Mortgage Vintage

Current MVI borrower and real estate investor developer is sought a business purpose refinance 1st TD on this residential lot in the Newport Heights neighborhood of Eastside Costa Mesa, Orange County.  Funds from our loan will be used to consolidate and payoff an existing 1st TD and 2nd TD and provide funds controlled construction funds…

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…

Done Deal! Hard Money Loan 1st TD $100,000 Los Angeles, CA – Mortgage Vintage

Real estate investor sought a business purpose cash-out 1st TD on this non-owner occupied investment property in Los Angeles, CA in Los Angeles County.  Funds from our loan will be used to payoff an existing 1st and additional cash-out to make minor improvements to the subject property.   The subject property is 1,115 SF contemporary…

Done Deal! Hard Money Loan 1st TD $150,000 Sacramento, CA – Mortgage Vintage

Borrower is an experienced real estate investor who sought a business purpose 1st TD to purchase this SFR in Sacramento.  The borrower currently makes $5,000 monthly from Airbnb rentals and the estimated rental income for the subject property is $1,710/month, which will more than cover the monthly mortgage payment.  The Purchase Price of the property…

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…