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- Santa Ana: $200,000, 1st TD, 37.74% LTV, 10.50% Lender Rate

Borrower, previous/current and on-time Mortgage Vintage borrower, and, highly experience real estate investor and developer was seeking a business purpose cash-out 1st TD on this vacant land with approved plans by the City of Santa Ana in Orange County. The subject property is a .25 acre vacant lot located in Santa Ana at the corner…

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: $1,140,000, 1st TD, 80.00% CLTV, 8.25% Lender Rate

Experienced Real estate investors and developers were seeking a business purpose purchase loan on these 5 parcels which include 3 SFR’s and 2 Vacant Lots.  Borrower plans to build a 5,000 s.f. medical building on 3 of the contiguous parcels.  Borrowers have a “Tenant In Tow” that plan to sign a lease on the newly…

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…

Recently Funded Hard Money Loan in Santa Ana, CA for $260,650

Recent Transaction – $260,650 Business Purpose Purchase, Santa Ana, CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase this HUD owned Santa Ana property. Borrower owns multiple investment properties in and around Santa Ana in Orange County. Subject Property is a single-story,…

Recently Funded Hard Money Loan in Santa Ana for $200,000

Recent Transaction – $200,000 Business Purpose Purchase, Santa Ana CA Previous successful Mortgage Vintage borrower and experienced fix and flip professional was seeking a business purpose 1st Trust Deed to purchase these 2 properties in Santa Ana.  Borrower is a successful home builder and Realtor in Santa Ana and owns multiple investment properties in Orange County.…

Recently Funded Hard Money Loan in Santa Ana, CA for $390,000

Good credit Real Estate Investor looking to cash – out to fund continued construction of multiple single family homes for a real estate investment project in Anaheim.  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. Borrower improved…

Recently Funded Hard Money Loan in Santa Ana for $143,750

Santa Ana, CA                 DownloadRecent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Cam.Santa Ana, CA Property / Loan Information Property Type  4-plex Lien Position  2nd TD Loan Amount $143,750 BPO Value $790,000 Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 65.68% Loan Type Business Purpose Cash-Out…

Recent Transaction in Santa Ana – Business Purpose Purchase

Santa Ana, CA   Download Recent-Transaction-Business-Purpose-Purchase-Santa-Ana-CA   Property / Loan Information Property Type Commercial Lien Position 1st TD Loan Amount $800,000 Appraised Value $1,705,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on Appraised Value 46.92% Loan Type Business Purpose Purchase Amortization Interest Only Due in 3 years Guaranteed Interest 180 days   Loan Scenario: 666…