Recently Funded Hard Money Loan in Tustin: $195,000 @ 13.50%, 2nd TD, Single Family Residence, Cash-Out, 63.69% CLTV

Successful business owners sought a small $195K 2nd Trust Deed business purpose cash out loan on this beautiful SFR in Tustin, CA. 100% of the loan proceeds will be used to upgrade and expand borrowers’ Investment Banking Company, Teleios Capital Group LLC. https://www.teleioscapital.com The borrowers’ 1st mortgage is current and in good standing with a principal balance…

Recent Transaction in Tustin, CA – Business Purpose Purchase

Tustin, CA Download $981,750 1st Trust Deed Funded, Tustin, CA Property / Loan Information Property Type Single Family Residence Lien Position  1st TD Loan Amount $981,750 Appraised Value $1,305,900 Occup Non-Owner Occ. Lender Rate 9.50% LTV on Purchase Price 75.17% Loan Type Business Purpose Purchase Amortization Interest Only Due in3 years Guaranteed Interest 6 months      …