Woodside hard money loan

COMPLETED! HARD MONEY LOAN IN WOODSIDE: $2,950,000 @14.25%, 2ND TD, CASH-OUT REFI, SFR, 55.19% CLTV

Mortgage Vintage funded a $2,950,000 second trust deed business-purpose cash-out refinance secured by a luxury owner-occupied estate in Woodside, California. The borrower, a repeat client and seasoned Silicon Valley technology executive with senior leadership experience at two major enterprise technology companies, used the proceeds to retire an existing $1,800,000 second trust deed business loan that…

Closed! Hard Money Loan in Woodside: $1,800,000 @13.50%, 2nd TD, Cash-Out-Refinance, SFR, 52.50% CLTV

The borrower is a seasoned technology executive who previously served as Senior Vice President and held senior leadership roles at Dell. The loan request is a 2nd TD business purpose loan on a owner-occupied SFR estate property located in Woodside, California, one of the most prestigious and supply-constrained residential markets in Silicon Valley. The property has…