Done Deal! Hard Money Loan in San Juan Capistrano: $210,000 @ 11.50%, 2nd TD, Cash-Out, Single Family Residence, 56.09% CLTV

1. Loan Purpose: 766 and 795 credit score borrower and Business owner is seeking the 2nd Trust Deed cash-out loan to invest into their business, Citation Capital (website: https://citationcp.com). The existing first mortgage is with Morgan Stanley with a current balance of $1,290,426.65, a current adjustable interest rate of 2.55%. The first mortgage matures December 1,…

Recently Funded Hard Money Loan in San Juan Capistrano: $400,000 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 39.26% CLTV

Successful Mortgage Vintage borrower and long-time business owner sought a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to refinance the existing 2nd and the cash-out funds will be used to invest back into his real estate finance business, Real Estate Finance & Consulting | Citation Capital Partners (citationcp.com) The subject…

Recently Funded Hard Money Loan – San Juan Capistrano: $150,000, 2nd TD, 59.12% CLTV, 10.50% Lender Rate

Long-time business owner was seeking a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to invest back into his real estate finance business. The subject property is a beautiful two-story Colonial style 3 BR/4.5 BA SFR located on a cul de sac street in San Juan Capistrano in Orange County. The…