Recently Funded Hard Money Construction Loan in Los Angeles: $400,000 @ 9.50%, 2nd TD, ADU, SFR, 60.47% CLTV

Real estate investor is sought a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. 100% of the funds from our loan will be put into Funds Control to build 2 fully permitted ADU units in the back of this subject property. Exit strategy from our loan is a…

Closed! Hard Money Loan in Apple Valley: $488,988 @ 10.50%, 1st TD, SFR, 8.00% LTV, Cash-Out

30+ years experienced residential developers and borrowers are sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com).  Borrowers have already built and sold 55 SFRs similar to this subject property in this same “Dorada @ Vista…

Recently Funded Hard Money Construction Loan in Apple Valley: $466,962 @ 10.50%, 1st TD, SFR, 79.82% LTV, Cash-Out

30+ years experienced residential developers and borrowers are sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 55 SFRs similar to this subject property in this same “Dorada @ Vista…

Closed! Hard Money Loan in Murrieta: $190,000 @ 7.00%, 1st TD, Cash-Out, 30.10% LTV, SFR

Successful dog training and breeding owners sought a business purpose cash-out 1st TD on this owner occupied SFR in Murrieta, Riverside County. Proceeds from the loan will be used to help expand their business by building a much larger area for the dogs and equipment as well as upgrading all of the current equipment tools…

Recent Transaction in Downey: $416,000 @ 6.50, 1st TD, Cash-Out, SFR, 48.94% LTV

Successful real estate professionals and borrowers sought a cash-out 1st TD on this non-owner occupied property in Downey, CA.  Loan proceeds will be used to purchase a new home in Tennessee. The subject property is a single-story, ranch style SFR sitting on a 5,815 sqft lot in a well established neighborhood in Downey, CA.  The…

Done Deal! Hard Money Loan in Redlands: $1,470,000 @ 9.50%, 1st TD, Hotel, Cash-Out, 60.00% LTV

Successful hospitality business owners sought a 1st TD Business Purpose Cash-Out refinance on their multi-million dollar Motel 7 West in Redlands, CA. The borrower’s family have owned this property since 1982.  Proceeds from the loan will pay off an existing $650,000 1st TD, provide funds to paint the property and slurry the parking lot and also pave…

Recently Funded Hard Money Loan in Solvang: $190,000 @ 10.25%, 2nd TD, Cash-Out, SFR, 65.02% CLTV

Successful previous Mortgage Vintage borrower and Restaurant and Bar owners seeking a business purpose cash ­out 2nd TD on this owner occupied SFR in Solvang, Santa Barbara County. Proceeds from the loan will be used to help fund the third restaurant location in the city of Buellton which Is also m Santa Barbara County The…

Closed! Hard Money Cannabis Loan in Adelanto: $550,000 @ 15.75%, 2nd TD, Cash-Out, Commercial, 55.00% CLTV

Mortgage Vintage borrower is seeking a $550k business purpose 2nd TD on this commercial building in Adelanto, CA. Borrower’s recent $5.5M 1st TD is current and held by Mortgage Vintage. 100% funds from this 2nd TD will be used towards purchasing another high output cultivation system to maximize production and meet borrower’s climbing product demand.…

Recently Funded Hard Money Loan in Perris: $270,000 @ 10.75%, 2nd TD, Cash-Out, SFR, 60.73% CLTV

Experienced real estate investor sought a business purpose 2nd TD cash-out on this ranch rental investment property in Perris, CA. Borrower’s current $7.25M combined market value investment property portfolio with only $2.50M in combined mortgage debt is documented in their Schedule of Real Estate located in investor dropbox file. Funds from our loan proceeds will…

Done Deal! Hard Money Construction Loan in Los Angeles: $433,000 @ 10.00%, Cash-Out, 2nd TD, Duplex, 62.93% CLTV

Real estate investor sought a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. 100% of the funds from our loan proceeds will be put into Funds Control to reconfigure the existing Duplex and add 2 new fully permitted ADU units in the back of this subject property. Exit…

Recent Commercial Transaction in Rosamond: $1,000,000 @ 11.25%, Cash-Out, 2nd TD, 63.73% CLTV

Investor with a large real estate portfolio sought a business purpose cash out 2nd TD on this non-owner occupied mobile home park investment property in Rosamond, Kern County, CA. The purpose of these funds is to acquire another investment property related to a 1031 Exchange. Exit strategy from this loan is a conventional refinance to…

Recently Funded Hard Money Purchase in Los Angeles: $345,000 @ 9.00% Lender Rate, 1st TD, Duplex, 75.00% CLTV

Group of experienced real estate investors sought a 1st TD loan to purchase this non-owner occupied, Duplex, investment property in Los Angeles, CA.  Borrowers are putting down $115k personal funds “skin in the game” towards the purchase of this investment property. This group of investors have flipped several properties in the greater Los Angeles area…

Done Deal! Hard Money Purchase in Paradise: $325,500 @ 9.50% Lender Rate, 1st TD, 70.00% LTV

Borrowers sought a 1st TD loan to purchase this non-owner occupied, SFR rental investment property in Paradise, Solano County, CA.  Borrowers are putting down $148k personal funds “skin in the game” towards the purchase of this investment property. Exit strategy is a conventional refinance. The subject property is a contemporary styled, one story SFR with…

Closed! Hard Money Construction Loan in Apple Valley: $468,994 @ 9.50%, 1st TD, 80.00% LTV

30+ years experienced residential developers and borrowers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com).  Borrowers have already built and sold 8 SFRs similar to this subject property in this same “Dorada @ Vista Del…

Done Deal! Hard Money Construction Loan in Apple Valley:$480,280.00 @9.50%, 1st TD, 8.05%LTV

30+ years experienced residential developers and borrowers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com).  Borrowers have already built and sold 8 SFRs similar to this subject property in this same “Dorada @ Vista Del…

Recently Funded Hard Money Cannabis Loan in Adelanto: $5,500,000 @14.00% Lender Rate, 1st TD, Cash-Out, 50.00% LTV

The purpose of this loan was to refinance out of a $4.5M 1st TD construction loan that’s at a higher rate, that was current, in good standing and matured in December of this year; 320k of this loan going towards 5 mos. of investor prepaid interest and the remaining 490k will be used towards expanding…

Closed! Hard Money Loan in Laguna Beach: $280,000 @ 10.00% Lender Rate, 2nd TD, Cash-Out, 61.62% CLTV, SFR

Existing Mortgage Vintage borrower, real estate investor and local Laguna Beach Realtor sought a business purpose cash-out & refinance 2nd TD on this Ocean View SFR non-owner occupied short term rental property in Laguna Beach, Orange County, CA. The subject property has a front unit and the main Ocean Facing SFR.  Recent legislation allows borrower…

Done Deal! Hard Money Loan in Landers: $77,000, 1st TD, Cash-Out, 10.00% Lender Rate, SFR, 55.00% LTV

Experienced “fix & flip” and “fix & rent” real estate investor sought a business purpose cash-out 1st TD on this non-owner occupied, investment rental property in Landers, San Bernardino County, CA.  Funds from our loan will be used to pay off an in good standing and small 25K 1st TD; balance of the funds will…

Closed! Hard Money Loan in Dana Point: $135,000 @ 9.25%, 2nd TD, Cash-out, 48.35% CLTV, SFR

Real estate investors and business owners pulled funds out of this non-owner occupied investment property to make minor improvements to the property. The borrower operates the business Ocean Hills Recovery and the subject property is currently being used as one of rehab facilities. Property is located in Dana Point, Orange County, CA. The subject property…

Recently Funded Hard Money Loan in Dana Point: $270,000 @ 9.50%, 2nd TD, Cash-Out, 61.80% CLTV, SFR

Real estate investors and business owners are pulling funds out of this non-owner occupied investment property to make minor improvements to the property. The Borrower operate the business Ocean Hills Recovery and the  Subject Property is currently being used as one of rehab facilities. Property is located in Capistrano Beach, Orange County. The subject property…

Recent Transaction in Long Beach: $210,000 1st TD, Cash-Out, 6.75% Lender Rate, Multi-Family, 22.58% LTV

Real estate investor business owner and current Mortgage Vintage borrower sought a new business purpose cash-out 1st TD on this non-owner occupied 3-unit multi-family property in Long Beach in LA County.  The borrowers current $100k loan that this loan is paying off is current and has performed perfectly.  Funds from our loan will be used…

Closed! Hard Money Purchase in Santa Ana: $922,000 @ 8.50%, 1st TD, Commercial Building, 83.82% LTV

Previously successful Mortgage Vintage Inc. borrowers, real estate investors and business owners sought a 1st TD to purchase this mixed use, non-owner occupied, commercial & residential investment property in Santa Ana, Orange County, CA. Borrowers own several other properties on the same “Main Street” in Santa Ana, CA. This subject property acquisition is an expansion…

Recently Funded Hard Money Loan in Whittier: $341,250 1st TD, 65.00% LTV, Cash-Out, 8.50% Lender Rate

Experienced real estate investor sought a business purpose cash-out 1st TD on this non-owner occupied, investment rental property in Whittier, Los Angeles, CA.  Funds from our loan paid off an existing Business Purpose 1st of approx. $250k and the balance of the funds will invested in borrower’s new start-up business. Exit strategy is a conventional…

Done Deal! Cannabis Construction Loan in Adelanto: $1,375,000 @12.50%, Land, 1st TD, Cash-Out, 6.25% LTV

Experienced real estate investor and cannabis business owner sought a 1st TD cash-out loan on this “Free & Clear” fully-entitled, CUP permitted, city approved commercial 18 lot subdivide on Koala Road, in Adelanto, San Bernardino County, CA. The borrower is also cross-collateralizing “Free & Clear” land that is pending final fully-entitled, CUP permitted, city approved…

Recently Funded Hard Money Loan in San Diego: $464,750 1st TD, SFR, 7.25% Lender Rate, Cash-Out, 65.00% LTV

Borrower sought a business purpose cash-out 1st TD on this non-owner occupied property in San Diego, San Diego County, CA.  Funds from our loan will be used to pay off an existing and in good standing $248k 1st Mortgage and the balance of funds, approx. $134K, will used to make improvements on the subject property.…

Done Deal! Purchase Bridge Loan in Downey & Fullerton: $1,308,000 @ 9.50%, 1st & 2nd TD, SFR, 55.29% CLTV

Borrowers sought a 1st and 2nd TD cash-out bridge loan cross-collateralized on their current primary residence SFR in Downey, Los Angeles, CA and their future primary residence SFR in Fullerton, Orange County, CA. The funds from our loan will be used towards purchasing the Fullerton subject property currently in escrow while they are prepping to…

Recently Funded Hard Money Loan in Riverside: $427,000 @ 8.50%, 1st TD, SFR, Cash-Out, 70.00% LTV

Previous and successful Mortgage Vintage borrower and Business owner sought a business purpose cash-out 1st TD on this non-owner occupied investment property in Riverside, CA.  Funds from our loan will be used to pay-off existing, current $216k 1st TD and the balance of funds will be used to invest in borrower’s business. The subject property…

Recent Transaction in Newport Beach: $410,000 1st TD, SFR, 24.12% LTV, Cash-Out, 6.50% Lender

Borrower sought a business purpose cash-out 1st TD on this “Free & Clear” owner occupied property in Newport Beach, Orange County, CA.  Funds from our loan will be used to invest in a new business opportunity.   The subject property is single story, ranch style SFR in the highly desirable neighborhood of Newport Beach Heights,…