Recently Funded Hard Money Loan in Riverside: $100,000 @ 6.50%, 1st TD, SFR, Cash-Out, 17.27% LTV

Long time successful real estate investor and business owner sought a cash-out 1st TD on this Riverside home to use as a down payment for the purchase of another investment property in Corona. All proceeds from this loan will be going straight to escrow for the purchase of the Corona property. Borrower is going to Fix…

Recently Funded Hard Money Loan in La Quinta for $211,250

  La Quinta, CA         recent-transaction-1st-td-business-purpose-cash-out-loan-funded-la-quinta-ca Loan Type Business Purpose Cash-Out Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $211,250 Lender Est. Value $325,000 Occup. Non-Owner Lender Rate 9.25% LTV on Lender Est. Value             65.00% Amortization Interest Only Due in 36 mos. (Balloon) Borrower…

Recent Transaction in Lake Elsinore – Business Purpose Cash-Out

Lake Elsinore, CA Download Recent Transaction – Blanklet Loan Funded – Lake Elsinore, CA Property / Loan Information Property Type Condo, PUD Lien Position 1st TD Loan Amount $175,500 Est. Valuation $280,000 Occup Non-Owner Occ. Lender Rate 9.25% LTV on Est. Value 62.67% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Interest 6 months…

$201,500 1st Trust Deed at 10.50% – Norco, CA

Norco, CA – Funding Now   Download Full Summary – Norco, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $201,500 BPO Value $296,000 Amortization and Term Interest Only due in 12 mos. LTV on BPO Value 68.07% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.50% Loan Maturity 11/01/2015  

Rental Property Purchase Loan Funded – La Quinta

La Quinta, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $302,250 Purchase Price $465,00 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Purch. Price 70.00% Loan Type Rental Purchase Amortization 30 Year amort/due in 12 months Guaranteed Interest 3 months   Loan Scenario: Real Estate Investor,…