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…