Done Deal! Hard Money Loan in Ladera Ranch: $597,000 @ 12.00%, 2nd TD, Cash-Out, SFR, 60.85% CLTV

1. Loan Purpose: President/CEO sought a 2nd Trust Deed on this owner occupied SFR located within the privately gated “Covenant Hills” suburban neighborhood in Ladera Ranch, Orange County, CA. The purpose of this loan is to pay off an existing and in good standing $346K 2nd TD business purpose loan and the balance used to…

Closed! Hard Money Loan in San Diego: $255,000 @ 12.00%, 2nd TD, Cash-Out, Multi-Family Unit, 51.04% CLTV

1. Loan Purpose: Borrower and real estate investor sought a $255,000 2nd Trust Deed business purpose cash out loan on this non-owner-occupied fully tenant-occupied tri-plex in San Diego. The loan proceeds will be used to complete a 2-unit ADU. The complete project is $449,000 to build. The Borrower has already paid $237,000 in costs towards…

Done Deal! Hard Money ADU Loan: $345,000 @ 12.50%, 2nd TD, Cash-Out, 2-4 Unit, 53.59% CLTV

1. Loan Purpose: Borrower and real estate investor sought a $345,000 2nd Trust Deed business purpose cash out loan on this non-owner-occupied, recently renovated and fully tenant occupied, detached duplex investment rental property in Duarte, Los Angeles County, CA. The city of Duarte is located 15 minutes east of Pasadena, CA. The funds from this…

$135,000 1st Trust Deed at 10.00% – Moreno Valley, CA

Moreno Valley, CA – Funding Now    Download Full Summary – Moreno Valley, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $135,000 BPO Value $225,000 Amortization and Term  Interest Only due in 3 years LTV on BPO Value 60.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.00% Loan…

$58,500 1st Trust Deed at 10.00% – San Bernardino, CA

San Bernardino, CA – Funding Now     Download Full Summary – San Bernardino, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $58,500 BPO Value $90,000 Amortization and Term Interest Only due in 12 mos. LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.00%…

$105,000 1st Trust Deed at 8.75% – Victorville, CA

Victorville, CA – Funded 6/10/14 Download Full Summary – Victorville, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $105,000 Current Valuation $187,000 Amortization and Term 40 Year amort/due in 3 years LTV on Current Value 56.15% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 8.75% Loan Maturity…