Fueling Business Growth and Opportunity When entrepreneurs and business owners encounter expansion opportunities, waiting for traditional bank approval could mean missing out on strategic timing. Take, for instance, an insurance professional in Irvine who had the chance to buy out an insurance franchise. This franchise purchase was a rare opportunity, yet a conventional loan wouldn’t…
Experienced real estate investor sought a 1st TD to purchase this 19-unit multi-family investment property in San Bernardino, San Bernardino County, CA. The borrower currently owns and operates a 4 unit, multi-family investment property and is acquiring this subject property to expand borrower’s real estate investment portfolio. The subject property is a gated, two story,…
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…
787 FICO score borrower and real estate investor was seeking a business purpose purchase loan to fix-and-flip this single family residence in San Bernardino County. Borrower was currently in escrow with purchase price $20,000 less than the BPO As-Is value. Subject is a single-story SFR home sitting on a large 7,000 sqft lot. The home…
San Bernardino, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – San Bernardino, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $110,500 BPO Value $170,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int.…
San Bernardino, CA – Funding Now Download Full Summary – San Bernardino, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $58,500 BPO Value $90,000 Amortization and Term Interest Only due in 12 mos. LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.00%…
San Bernardino, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $80,250 BPO Value $140,000 Occup Non-Owner Occ. Interest Rate 11.25% LTV on BPO Value 57.32% Loan Type Fix and Rent Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: 649 FICO Real Estate…
San Bernardino, CA – Funding Now Download Full Summary – San Bernardino, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $80,250 Purchase Price $107,000 Amortization and Term 40 Year amort/due in 3 years LTV on Purch. Price 75.00% Loan Type Fix and Rent Occupancy Non-Owner Occupied Rate for…
San Bernardino, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $86,250 Purchase Price $115,000 Occup Non-Owner Occ. Interest Rate 11.25% LTV on Purch. Price 75.00% Loan Type Rental Purchase Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: Real Estate Investor looking to…