Closed! Hard Money Purchase in Santa Ana: $1,750,000 @ 10.50%

Real Estate Investor and business owner-user sought a business purpose loan to purchase this commercial industrial building.  Property will be owner-occupied by the borrower’s company which will operate a fully licensed cannabis cultivation and distribution business. This Santa Ana Green Zone Subject Property is a multi-tenant industrial building located in the Dyer Business Park within…

Done Deal! Hard Money Loan in Santa Ana: $325,000 @ 12.00%

Business owner sought this business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Santa Ana,Orange County, CA.  100% of the loan proceeds will be used to towards the borrower’s business, Harbor Sofas and Mattresses, to increase sales. Borrower states that he recently partnered with Wayfair to help expand his furniture business.  The…

Done Deal! Hard Money Loan in Santa Ana: $2,200,000 @ 9.25%, 1st TD, Cash-Out, Mixed-Use, 45.08% LTV

Successful Mortgage Vintage Borrowers and Real Estate Developers sought a business purpose cash-out 1st TD on this non-owner mixed-use property in Santa Ana, Orange County, CA. Funds from our loan will be used to: 1) payoff an existing 1st and 2nd mortgage that are both in good standing; 2) start construction on another investment property owned by the…

Recent Transaction in Santa Ana: $585,000 @ 8.50%, 1st TD, Cash-Out, SFR, 65.00% LTV

Highly successful Real Estate Investor and previous Mortgage Vintage borrower sought a cash-out refinance 1st TD on this mixed use office/residential condominium property in Santa Ana, CA in Orange County.  The property is currently and has since inception being used as the Headquarters for Caboraca Investments, Inc.  which is a Real Estate Brokerage and Construction…

Closed! Hard Money Purchase in Santa Ana: $922,000 @ 8.50%, 1st TD, Commercial Building, 83.82% LTV

Previously successful Mortgage Vintage Inc. borrowers, real estate investors and business owners sought a 1st TD to purchase this mixed use, non-owner occupied, commercial & residential investment property in Santa Ana, Orange County, CA. Borrowers own several other properties on the same “Main Street” in Santa Ana, CA. This subject property acquisition is an expansion…

Closed! “Fix & Rent” in Santa Ana: $337,500 @ 8.50%, 1st TD, Purchase, 75.00% LTV

Experienced real estate investor sought a 1st TD loan to purchase this non-owner occupied “Fix & Rent” SFR investment property in Santa Ana, Orange County, CA. In addition to renting out this SFR after some minor repairs, borrower plans to maximize investment income by building an ADU on the subject property’s large, unused lot.  Borrower…

Recent Transaction in Santa Ana: $468,000 1st TD, 60.00% LTV, Cash-out, 9.00% Lender Rate

Real Estate Investor and previous Mortgage Vintage borrower sought a cash-out refinance 1st TD on this “free and clear” mixed use office/residential condominium property in Santa Ana, CA in Orange County.  The property is currently, and has since inception, being used as the Headquarters for Caboraca Investments, Inc.  which is a Real Estate Brokerage and…

Recently Funded Hard Money Loan- Santa Ana: $525,000, 1st TD, 60% LTV, 9.75% Lender Rate

Successful Mortgage Vintage borrower, real estate investor and developer was seeking a business purpose cash-out loan to be used to complete construction on a duplex and to invest into a new project. Construction plans for the subject property consisted of completing 2 units with one unit downstairs and one unit upstairs. The downstairs unit will…

Recently Funded Hard Money Loan – Santa Ana: $650,000.00, 2nd, CLTV: 25.341%, Lender Rate: 11.00%

Successful Mortgage Vintage borrower and real estate investors and developer sought this business purpose cash-out loan to be used to complete construction of 3 SFRs and 3 accompanying ADU.  All three properties are currently in escrow to be sold upon completion of construction. Property 813 N. Figueroa St. will consist of a 2 story SFR…

Recently Funded Hard Money Loan – Santa Ana: $450,000, 1st TD, 60.00% LTV, 9.50% Lender

Real Estate Investor was looking to cash – out to fund continued construction of multiple single family homes real estate investment project in Santa Ana. Borrower purchased subject property in 2011 and currently operates California Team Realty office out of the space. Borrower is an experienced fix and flip investor and developer. Subject property is…

Recently Funded Hard Money Loan – Santa Ana: $300,000, 2nd TD, 67.07% CLTV, 11.00% Lender

Previous Mortgage Vintage borrower and on-time payer was seeking a cash-out 2nd TD on this non-owner occupied, new construction SFR with additional dwelling unit in Santa Ana.  Borrower is highly experienced real developer and investor.   Subject property is a 2 stories SFR new construction in progress with an addition in the back. Home in…

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…