Recently Funded Hard Money Land Loan in Temecula: $1,400,000 @ 12.50%, 1st TD, Cash-Out, 17.95% LTV

Repeat MVI borrower, president/owner of downtown San Diego family law practice and real estate investor sought a 1st TD business purpose cash out refinance loan on this 106.16 acres of land in the heart of Temecula’s Winery Region and just 13 minutes east of downtown Temecula in Riverside County, CA. The borrower inherited the property…

Recently Funded Hard Money Blanket Loan in Temecula, Riverside, and Montebello: $405,550 @ 13.00%, 2nd TD, Cash-Out, SFR, 69.43% CLTV

Successful repeat MVI borrower, 40+ years experienced real estate owner, general contractor and fix & flipper sought a Blanket business purpose cash-out 2nd TD on two SFRs investment properties in Temecula, Riverside County and Pico Rivera, Los Angeles County CA; blanket also includes a 3rd TD on borrower’s primary owner-occupied SFR in Montebello, Los Angeles, CA. All…

Closed! Hard Money Purchase Loan in Temecula: $1,100,850 @ 10.00%, 1st TD, SFR, 61.50% LTV

The borrower sought a 1st TD purchase loan for this SFR Non-Owner Occupied investment property in Temecula, CA. The subject property, known as the “The Big G Ranch”, is a historic Western ranch style SFR, sitting behind the “Cross Creek” golf course in the picturesque wine country of Temecula. The subject property features 5,100 SF of…

Recent Transaction – Temecula, CA Business Purpose Purchase

Temecula, CA         Download Recent Transaction – Business Purpose Purchase – Temecula, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $516,000 Purchase Price $645,.000 Occup Non-Owner Occ. Interest Rate 10.99% LTV on Purchase Price 80% Loan Type Business Purpose Purchase Amortization Interest Only Due in 12 months Guaranteed…