Refinance of a newly built multifamily investment property in Santa Ana, CA 9.50% Annualized Lender Rate Loan structured with Net LTV of 63.08% Fully leased property generating $13,700/month in rental income Experienced borrower with 772 FICO and repeat MVI loan history Refinance of stabilized new construction investment property in Orange County This Santa Ana property…
A seasoned spanish-speaking real estate couple sought a business-purpose 1st Trust Deed loan to add to their growing rental portfolio. Mortgage Vintage Loan at 65.00% LTV on Purchase Price Value of $895,000 7.00% Annualized Lender Rate 6 Months Guaranteed Interest Loan structured at 59.67% LTV on BPO Value of $975,000 Over $330,000 down payment from…
Everyone comes out a winner when local flipper/contractor takes advantage of new ADU zoning laws: $269,500 1st Trust Deed 70% LTV on $385k Purchase Price 9.50% Lender Rate 12-month – Fix & Flip Loan $139k Borrower Profit MVI funds in 6 business days This dilapidated Santa Ana residence was in bad condition and reflecting poorly…
Repeat Borrower with excellent fix and flip history needed a loan to fund the purchase and construction costs for a diamond in the rough in Santa Ana. Mortgage Vintage Loan at 70% LTV of Purchase Price Funded loan in less than a week 9.5% Lender Rate 12 Months Loan Term MVI Fix and Flip Investor…
Borrower needed a rehab loan to fund a rebuild of a home in Corona Del Mar with views of the ocean. $700,000 held in Funds Control 62.50% CLTV on After Repair Value 9.5% Lender Rate 24 Months Loan Term 6 months Guaranteed Interest This prime location Corona Del Mar property in Corona Highlands showed tremendous…