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 – 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 – 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 – 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…

Recently Funded Hard Money Loan – Bell Canyon: $130,000 2nd TD, 65.00% CLTV, 11.50% Lender Rate

30-year business owner was seeking a cash-out 2nd TD of this owner occupied SFR in Bell Canyon in the San Fernando Valley.  Proceeds from this loan were used to invest back into his television production business, MelliTV.com. Our subject property is located in the private, gated community of Bell Canyon in the San Fernando Valley on…