Santa Fe Springs loan

COMPLETED! HARD MONEY LOAN IN SANTA FE SPRINGS: $120,000 @13.50%, 2nd, Cash Out, SFR, 62.67% CLTV

Borrowers, Brokers, Investors, Recent Transactions, Santa Fe SpringsLeave a comment

Loan Purpose Mortgage Vintage successfully funded a $120,000 business-purpose cash-out bridge loan secured by a second trust deed on a single-family residence in Santa Fe Springs, California. The mother and daughter co-borrowers utilized the loan proceeds for business-purpose working capital and equipment to support their telecommunications supply business operations. This business-purpose cash-out financing was structured…

COMPLETED! HARD MONEY LOAN IN HACIENDA HEIGHTS: $220,000 @12.50%, 2nd, Cash-Out, SFR, 29.31% CLTV

Borrowers, Brokers, Hacienda Heights, Investors, Recent TransactionsLeave a comment

Loan Purpose Mortgage Vintage successfully funded a $220,000 business-purpose cash-out loan secured by a second trust deed on a single-family residence in Hacienda Heights, California. The borrower utilized the loan proceeds for business-purpose investment activities. The loan was structured as business-purpose financing and was fully collateralized by the subject property, providing liquidity for the borrower’s…

Recently Funded! Hard Money Loan in Pasadena: $900,000 @12.00%, 2nd TD, Cash-Out, SFR, 56.21% CLTV

Brokers, Pasadena, Recent Transactions

Loan Summary Borrower and real estate investor sought a 2nd TD business-purpose cash-out loan secured by a recently updated, Colonial-style, owner-occupied single-family residence located in a prime Pasadena neighborhood in Los Angeles County, CA. The subject property is a large estate home in a high-demand luxury submarket. Loan proceeds will be used as working capital…

Recently Funded! Hard Money Loan in Orange: $150,000 @11.00%, 2nd TD, Cash-Out, SFR,58.38% CLTV

Brokers, Orange, Recent Transactions

Loan Purpose The borrower sought a business-purpose cash-out loan secured by a non-owner occupied single-family residence. Proceeds from the new second trust deed is intended to support the development of an Accessory Dwelling Unit (ADU) on the property. Based on the valuation commentary, the property’s lot configuration and surrounding rental demand—particularly from nearby Chapman University—support…

Closed! Hard Money Loan in San Diego: $700,000 @11.75%, 2nd TD, Cash-Out, SFR + ADU, 52.11% CLTV

Brokers, Recent Transactions, San Diego

Loan Summary Borrowers and real estate developers sought a 2nd TD business purpose cash out on this owner occupied high-end, contemporary SFR + ADU with city, canyon and hillside views located in the desirable “Mission Hills” neighborhood of San Diego, CA. Loan proceeds will be used to support interim cash flow needs for an 80-unit mixed-use…

Done Deal! Hard Money Loan in Los Angeles: $500,000 @12.50%, 2nd TD, Cash-Out-Refinance, Condo, 58.26% CLTV

Brokers, Los Angeles, Recent Transactions

Loan Summary  Borrower sought a 2nd TD business purpose cash out refinance on this owner occupied condo in the “Faubourg St. Denis” luxury boutique 22-unit condo complex in the highly desirable Hancock Park / Mid-Wilshire / Beverly Hills area of Los Angeles. The loan proceeds will be used to pay off an existing and in good…

Recently Funded! Hard Money Loan in Los Angeles: $507,000 @11.00%, 1st TD, Cash-Out, SFR, 62.93% CLTV

Brokers, Los Angeles, Recent Transactions

Loan Purpose Refinance and consolidate existing debt secured by 1820 W. Martin Luther King Jr. Blvd. Business-purpose cash-out loan structured as non-owner occupied Loan proceeds primarily used to pay off existing first and second liens Limited net cash to borrower after payoff, fees, and prepaid interest Structured as a short-term bridge rather than a construction…

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

Brokers, Recent Transactions, Woodside

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…

Recently Funded! Hard Money Loan in Santa Rosa: $747,500 @11.50%, 1st TD, Cash-Out, SFR, 65.00% CLTV

Brokers, Recent Transactions, Santa Rosa

Business owner sought a 1st Trust Deed business-purpose cash-out loan on a free-and-clear, non-owner-occupied newly constructed barn-style residence estate designed for weddings and entertainment events in the wine country of Santa Rosa, Sonoma County, CA. The property currently has no existing debt. Loan proceeds will be used to buy out the borrower’s partner from the…

Done Deal! Hard Money Loan in Indian Wells: $200,000 @12.50%, 2nd TD, Cash-Out, SFR, 59.05% CLTV

Brokers, Indian Wells, Recent Transactions

Loan Purpose Repeat successful Mortgage Vintage borrower and real estate investor sought a 2nd TD business purpose loan on this owner occupied SFR gated community with a private golf course and clubhouse on the golf course in Indian Wells, Riverside County, CA. The loan proceeds will be used for cosmetic upgrades on a recent investment SFR…

Recently Funded! Hard Money Loan in Yorba Linda: $260,000 @11.00%, 2nd TD, Cash-Out, SFR, 56.76% CLTV

Brokers, Recent Transactions, Yorba Linda

Loan Summary The borrower sought a $260,000 business-purpose 2nd Trust Deed secured by an owner-occupied townhome located in the highly desirable Covington community of Yorba Linda, Orange County, CA. Loan proceeds will be used for expansion capital for the borrower’s educational consulting business. The borrower’s 1st Trust Deed is in the amount of $336,000 with…

Done Deal! Hard Money Loan in Temecula: $2,125,000 @12.75%, 1st TD, Cash-Out-Refinance, Land, 19.75% CLTV

Brokers, Recent Transactions, Temecula

Loan Summary Successful repeat Mortgage Vintage borrower, President/Owner of a downtown San Diego family law practice and experienced real estate investor, sought a 1st Trust Deed business-purpose cash-out refinance secured by 106.16 acres of land located in the heart of Temecula’s Wine Country, approximately 13 minutes east of downtown Temecula in Riverside County, CA. The…

Recently Funded! Hard Money Loan in Los Angeles: $1,650,000 @8.75%, 1st TD, Cash-Out, Multi-Family, 55.93% CLTV

Brokers, Los Angeles, Recent Transactions

1. Loan Purpose The previously successful Mortgage Vintage Borrower sought a business-purpose loan secured by an existing 8-unit multifamily asset in Los Angeles. Loan proceeds will be used to refinance an existing Mortgage Vintage 1st Trust Deed and provide remodel funds and small cash-out liquidity to the borrowing entity. Based on the information provided, the transaction…

Closed! Hard Money Loan in Los Angeles: $690,000 @13.00%, 2nd TD, Refinance, SFR, 64.61% CLTV

Brokers, Los Angeles, Recent Transactions

Brief Overview Successful repeat MVI borrowers and business owners sought a 2nd TD business purpose cash-out loan secured by an owner-occupied Estate SFR in the highly desirable “Hollywood Hills” neighborhood, with panoramic ocean, downtown LA city, the Hollywood Sign and Griffith Observatory views. The funds will be used to pay off a current, and good…

Done Deal! Hard Money Loan in Tustin: $1,200,000 @8.50%, 1st TD, Cash-Out, Commercial, 42.86% CLTV

Brokers, Recent Transactions, Tustin

Loan Summary:  Borrower, real estate investor and business owner sought a $1,200,000 business purpose 1ST Trust Deed loan on this “Free and Clear” – no debt – owner-occupied well-maintained industrial-office building within Pacific Business Center, a planned business park, in the City of Tustin, Orange County. The loan proceeds will be used for working capital in…

Closed! Hard Money Loan in Corona Del Mar: $768,000 @11.00%, 2nd TD, Cash-Out, SFR, 64.32% CLTV

Brokers, Corona del Mar, Recent Transactions

1. Loan Purpose The borrower obtained a business-purpose, non-owner-occupied loan secured by the subject property to provide funds for a separate real estate development project in Los Gatos, CA.  The borrower is a General Partner in a Residential Development Real Estate Fund focusing on SFR development in the Bay Area.  Proceeds from the new 2nd Trust Deed are structured…

Done Deal! Hard Money Loan in Tujunga: $250,000 @12.00%, 2nd TD, Cash-Out, Duplex, 57.26% CLTV

Brokers, Recent Transactions, Tujunga

Loan Description: CrowdTrustDeed is pleased to present a $250,000 2nd Trust Deed investment secured by a Duplex in Tujunga, California owned by a borrower. The loan is structured as a business purpose, interest-only cash-out loan to an owner-occupied borrower.  The 1st TD is at 4.75% and The property is supported by an as-is Broker Price Opinion…

Closed! Hard Money Loan in Huntington Beach: $400,000 @11.25%, 2nd TD, Cash-Out, SFR, 58.18% CLTV

Brokers, Huntington Beach, Recent Transactions

Loan Summary: Current successful Mortgage Vintage Borrower and business owner sought a cash-out 2nd TD on this owner-occupied SFR in Orange County. Proceeds from this loan will be invested into expanding the borrower’s company. The 1st Mortgage principal balance is $1.302 Mil. at a 3.50% interest rate. Property Summary: Our subject property is a beautiful…

Done Deal! Hard Money Loan in Corona Del Mar: $350,000 @ 12.25%, 2nd TD, Cash-Out-Refinance, SFR, 64.60% CLTV

Brokers, Corona del Mar, Recent Transactions

Brief Overview Loan Summary: Borrower and business owner sought a $350,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Corona Del Mar, Orange County, CA.  The loan proceeds will be used for working capital in borrower’s financial services company. Property Description: The subject property is a well-maintained single-family residence located in…

Closed! Hard Money Loan in Santa Barbara: $700,000 @10.00%, 2nd TD, Cash-Out, Mixed-Use, 52.98% CLTV

Brokers, Recent Transactions, Santa Barbara

Loan Purpose Current successful Mortgage Vintage borrower sought a cash out 2nd TD to finish construction. The loan is structured as a business-purpose, non-owner-occupied second trust deed to provide capital for the continued renovation and ADU conversion of the subject property. Loan proceeds are intended to support construction and improvement activities designed to enhance the property’s utility and…

Done Deal! Hard Money Loan in Woodland Hills: $330,000 @ 11.50%, 2nd TD, Cash-Out-Refinance, SFR, 63.87% CLTV

Brokers, Recent Transactions, Woodland Hills

Brief Overview Loan Scenario:  Successful repeat borrower sought a $330,000 2nd Trust Deed business purpose cash out loan on this owner-occupied SFR property in Woodland Hills, Los Angeles County, CA.  The funds from this loan will be used to pay off business-purpose junior liens in good standing that are maturing, and the balance will be invested…

Recently Funded! Hard Money Loan in Mammoth Lakes: $115,000 @11.00%, 2nd TD, Cash-Out, SFR, 63.33% CLTV

Brokers, Mammoth Lake, Recent Transactions

Loan Description: Real estate investor and flipper sought a $115,000 2nd Trust Deed business purpose cash out loan on a recently renovated SFR in Mammoth Lakes, Mono County, California. The funds from this loan will be used for working capital until the investment property is sold. The 1st trust deed is in good standing, with…

Closed! Hard Money Loan in Signal Hill: $1,375,000 @11.25%, 1st TD, Cash-Out-Refinance, Commercial, 55.00% CLTV

Brokers, Recent Transactions, Signal Hill

Loan Description: Business Owner and property owner/user is seeking a $1,375,000 business purpose 1st Trust Deed loan on this mixed-use Commercial/Warehouse/Residential investment property in Signal Hill, Long Beach, CA. The borrowers will be using the loan proceeds to pay off an existing $849k 1st and $50k 2nd TD, property taxes and prepaid interest of 6…

Done Deal! Hard Money Loan in Sunland: $100,000 @ 12.25%, 2nd TD, Cash-Out, SFR, 64.39% CLTV

Brokers, Recent Transactions, Sunland

Loan Description: Business owner is seeking a $100,000 business purpose 2nd Trust Deed cash out loan on this owner-occupied SFR in “Sun Hill Estates” on a cul-de-sac with and Angeles National golf course views in Sunland, Los Angeles County, CA. The borrower will be using the loan proceeds for working capital for borrower’s construction company. The…

Recently Funded! Hard Money Loan in Hermosa Beach: $374,500 @11.00%, 2nd TD, Cash-Out, SFR, 65.00% CLTV

Brokers, Hermosa Beach, Recent Transactions

Brief Overview Loan Summary: Borrowers sought a $374,500 Second Trust Deed secured by the Condominium property located in Hermosa Beach, CA. The loan is structured as a Owner Occupied  Business Purpose Cash-Out in 2nd position, supported by an estimated property valuation of $2,370,000 and an existing 1st TD balance of $1,166,000, resulting in a combined…

Closed! Hard Money Loan in Irvine: $430,000 @12.00%, 2nd TD, Cash-Out-Refinance, Condo, 64.99% CLTV

Brokers, Irvine, Recent Transactions

Brief Overview Loan Scenario: Business owner sought a $430,000 business purpose 2nd Trust Deed cash out refinance loan on this owner-occupied detached condo in Portola Springs Community of Irvine, Orange County, CA. The borrower will be using the loan proceeds to pay off a current and in good standing existing 2nd TD loan, and the balance…

Recently Funded! Hard Money Loan in Lake Elsinore: $300,000 @11.00%, 2nd TD, Cash-Out, SFR, 62.50% CLTV

Brokers, Lake Elsinore, Recent Transactions

Brief Overview Loan Scenario:  Repeat Mortgage Vintage and CrowdTrustDeed borrower, Realtor and Business Owner sought a business purpose cash-out 2nd Trust Deed on his principal residence to further his Real Estate Investment and Property Management business.  Borrower is a well-established and very successful Realtor in Lake Elsinore and has est. 20+ single-family rental properties.  Borrower…