What Problem Did the Hard Money Loan Solve?

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…

Recently Funded Hard Money Loan in San Gabriel, CA for $180,000

San Gabriel, CA Download recent-transaction-180000-business-purpose-cash-out-san-gabriel Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $180,000 Est. 1st TD $756,000 Occup Owner Occ. Lender Rate 11.00% CLTV on BPO Value 60.39% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months       Loan Scenario: Self-employed Borrower seeking…