Done Deal! Hard Money Loan in Santa Ana: $355,000 @ 10.00%, 1st TD, Cash-Out REFI , Single Family Residence, 40.34% LTV

Previous successful Mortgage Vintage borrower and experienced real estate investor sought a business purpose 1st Trust Deed on this investment property in Santa Ana. Borrower owns multiple multi-family investment properties in and around Santa Ana in Orange County. Subject Property is a single-story, 4 BR / 2 BA bungalow style SFR in Santa Ana, CA.  The…

Recently Funded Hard Money Loan in Santa Ana: $80,500 @ 12.50%, 2nd TD, Cash-Out, Single Family Residence, 59.38% CLTV

Borrower sought a small $80,500 2nd Trust Deed business purpose cash out loan on this non-owner occupied SFR rental investment property in Santa Ana, Orange County, CA. The use of funds is for cosmetic upgrades to interior and exterior of subject property. The borrower’s current, and in good standing, 1st mortgage has a principal balance of $448,000…

Recently Funded Hard Money Construction Loan in Santa Ana: $525,000, 2nd TD, Cash-Out, Tri-Plex, 54.00% CLTV

Successful Mortgage Vintage borrower, real estate investor, and developer sought to finish the construction short term blanket 2nd TD on three non-owner occupied 3-unit investment properties in Orange County. Proceeds from the loan will be used to complete the construction of the 3 unit properties. 1513 W. Civic Center Dr.: is a 2,815 sf 3-unit property…

Closed! Hard Money Purchase in Santa Ana: $1,750,000 @ 10.50%, 1st TD, Commercial Building, 51.47% LTV

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%, 2nd TD, Cash-Out, Single Family Residence, 53.05% CLTV

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…

Recently Funded Hard Money Commercial Loan in Santa Ana: $183,000 @ 11.50%, 2nd TD, Cash-Out, 65.00% CLTV

A successful Mortgage Vintage Borrower and real estate investor sought a 2nd Trust Deed on this commercial mixed-use property located in Santa Ana, Orange County to invest into the purchase of another investment property.  Borrowers own several other properties on the same “Main Street” in Santa Ana, CA. The subject property is a newly renovated two…

Closed! Hard Money Construction Loan in Santa Ana: $825,000 @ 10.00%, 1st TD, Land, Cash-Out, 45.21% LTV

Successful Mortgage Vintage Borrower, developer, and real estate investor and his partner sought a new business purpose 1st TD construction loan on this free and clear, permitted and entitled parcel in Santa Ana, CA. This funds controlled construction loan will allow the experienced and well known Developer to build a non-owner occupied investment property in…

Recently Funded Hard Money Construction Loan in Santa Ana: $448,500 @ 10.25%, 2nd TD, Cash-Out, Tri-Plex, 62.98% CLTV

Successful Mortgage Vintage borrower, real estate investor and developer sought a cash-out 2nd TD on this non-owner occupied 3-unit investment property in Orange County. Proceeds from the loan will be used to complete construction of the triplex. Until recently, the subject was a 1,471 Sq Ft Single Family Residence. The funds from our loan will be…

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…

Done Deal! Hard Money Loan in Santa Ana: $160,000 @ 12.99%, Duplex, 2nd TD, 57.49% CLTV, Cash-Out, 10.00% Lender Rate

Successful Mortgage Vintage Inc. borrower and real estate investor is seeking a 2nd TD business purpose cash out loan on this non-owner occupied Duplex investment rental property in Santa Ana, Orange County, CA. Borrower is pulling cash out of this investment property to purchase another investment rental property in Santa Ana. Borrower owns multiple rental…

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…