Woodside hard money loan

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

Borrowers, Brokers, Investors, Recent Transactions, Woodside

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…

Whittier investment loan

COMPLETED! HARD MONEY LOAN IN WHITTIER: $200,000 @9.00%, 1ST TD, INVESTMENT PROPERTY, SFR, 22.73% CLTV

Borrowers, Brokers, Investors, Recent Transactions, Whittier

Mortgage Vintage successfully funded a $200,000 business-purpose cash-out refinance secured by a first trust deed on a non-owner-occupied single-family residence in Whittier, CA. The borrower sought this business-purpose cash-out loan to fund a comprehensive set of property improvements including plumbing, roofing, flooring, interior and exterior painting, termite treatment, kitchen and bathroom repairs, window and door…

Joshua Tree loan

COMPLETED! HARD MONEY LOAN IN JOSHUA TREE: $165,000 @10.50%, 1ST TD, CASH-OUT REFI, SFR, 64.71% LTV

Borrowers, Brokers, Investors, Joshua Tree, Recent Transactions

Mortgage Vintage funded a $165,000 business-purpose cash-out refinance secured by a single-family residence in Joshua Tree, California. The borrower, a licensed general contractor, used the loan proceeds to retire an existing first deed of trust, satisfy outstanding property taxes and a judgment lien, and generate cash out to support ongoing business-purpose investment activities — specifically…

Irvine condo loan

COMPLETED! HARD MONEY LOAN IN IRVINE: $265,000 @12.99%, 1ST TD, INVESTMENT PROPERTY, CONDO, 63.86% CLTV

Borrowers, Brokers, Investors, Irvine, Recent Transactions

Mortgage Vintage funded a $265,000 business-purpose cash-out refinance secured by a non-owner-occupied condominium in Irvine, California. The borrower, a 721-FICO investment property owner, sought the loan to bring delinquent property taxes and HOA obligations current while directing remaining proceeds toward business-purpose investment activities. The property was held as a rental investment generating approximately $2,000 per…

Poway hard money loan

COMPLETED! HARD MONEY LOAN IN POWAY: $425,000 @ 12.00%, 2ND TD, CASH-OUT REFI, SFR, 59.66% CLTV

Borrowers, Brokers, Investors, Poway, Recent Transactions

Mortgage Vintage funded a $425,000 business-purpose cash-out refinance secured by an owner-occupied single-family residence in Poway, San Diego County, California. The borrower, a self-employed professional and business owner who had occupied the property for approximately 35 years, sought this Poway hard money loan to address working capital needs for an established professional services practice. Loan…

Business Purpose Loans in California: A Practical Guide

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A business purpose loan gives real estate investors and business owners another financing option when traditional bank financing does not fit the transaction. Rather than borrowing for personal or household expenses, the borrower uses the proceeds for a documented business or investment need. For California borrowers, that can mean using real estate equity for working…

Yorba Linda bridge loan

COMPLETED! HARD MONEY LOAN IN YORBA LINDA: $735,000 @9.00%, 1ST TD, RATE & TERM REFI, SFR, 53.58% LTV

Borrowers, Brokers, Investors, Recent Transactions, Yorba Linda

Mortgage Vintage funded a $735,000 business-purpose rate and term refinance secured by an owner-occupied single-family residence on a desirable cul-de-sac in Yorba Linda, Orange County, California. The loan proceeds were used to retire an existing high-interest business loan, with no cash-out to the borrowers. The borrowers, who own and operate a catering business, sought this…

Temecula blanket loan

COMPLETED! HARD MONEY LOAN IN TEMECULA & PICO RIVERA: $386,000 @13.00%, 2ND TD, NOO INVESTMENT, SFR (BLANKET), 60.04% CLTV

Borrowers, Brokers, Investors, Recent Transactions, Temecula & Pico Rivera

Mortgage Vintage successfully funded a $386,000 blanket 2nd Trust Deed as a rate and term refinance — no cash out — secured by two non-owner-occupied investment single-family residences located in Temecula, Riverside County and Pico Rivera, Los Angeles County, California. The purpose of this loan was to retire an existing, performing 2nd TD that was…

Encino hard money loan

COMPLETED! HARD MONEY LOAN IN ENCINO: $2,300,000 @15.00%, 2ND TD, INVESTMENT PROPERTY, SFR, 60.20% CLTV

Borrowers, Brokers, Encino, Investors, Recent Transactions

Mortgage Vintage funded a $2,300,000 second trust deed cash-out refinance secured by a non-owner-occupied single-family residence in the prestigious gated Royal Oaks Colony community in Encino, Los Angeles County, California. The borrower, a long-established Southern California endodontist with nearly five decades of professional practice, sought this business-purpose loan to retire an existing second trust deed…

Montecito hard money loan

COMPLETED! HARD MONEY LOAN IN MONTECITO: $3,300,000 @13.50%, 2ND TD, CASH OUT, SFR, 56.85% CLTV

Borrowers, Brokers, Investors, Montecito, Recent Transactions

Mortgage Vintage successfully funded a $3,300,000 business-purpose cash-out second trust deed loan secured by a privately gated luxury estate in Montecito, Santa Barbara County, California. The borrowers were established high-net-worth individuals with strong credit profiles — FICO scores of 781 and 743 — who held approximately $7.18 million in a major wealth management investment portfolio,…

Los Angeles duplex loan

COMPLETED! HARD MONEY LOAN IN LOS ANGELES: $100,000 @ 12.00%, 2ND TD, CASH-OUT REFI, SFR, 51.57% CLTV

Borrowers, Brokers, Investors, Los Angeles, Recent Transactions

Mortgage Vintage successfully funded a $100,000 business-purpose second trust deed secured by an owner-occupied duplex in the Koreatown/Mid-Wilshire corridor of Los Angeles, California. The long-time property owner, who had held the property for more than 33 years, sought a cash-out refinance to deploy capital toward business-purpose investment activities, including supporting growth initiatives, branding improvements, marketing,…

Inglewood hard money loan

COMPLETED! HARD MONEY LOAN IN INGLEWOOD: $525,000 @10.25%, 1ST TD, CASH-OUT REFI, SFR, 62.50% LTV

Borrowers, Brokers, Inglewood, Investors, Recent Transactions

Mortgage Vintage funded a $525,000 business-purpose cash-out refinance secured by a recently renovated single-family residence in Inglewood, Los Angeles County, California. The loan was structured as a first trust deed and was used to retire an existing first trust deed balance, provide working capital, and support the borrower’s ongoing real estate investment activities. The borrower,…

Century City condo loan

COMPLETED! HARD MONEY LOAN IN CENTURY CITY: $400,000 @10.99%, 1ST TD, INVESTMENT PROPERTY, CONDO, 58.82% CLTV

Borrowers, Brokers, Century City, Investors, Recent Transactions

Mortgage Vintage successfully funded a $400,000 business-purpose cash-out loan secured by a first trust deed on a luxury condominium located in the prestigious Century Park East community of Century City, Los Angeles County, California. The borrower had recently acquired the property and sought financing to support business-purpose investment activities while completing an extensive interior renovation…

San Diego ADU loan

COMPLETED! HARD MONEY LOAN IN SAN DIEGO: $735,000 @11.50%, 2ND TD, ADU CONSTRUCTION, MULTIFAMILY, 56.72% CLTV

Borrowers, Brokers, Investors, Recent Transactions, San Diego

Mortgage Vintage funded a $735,000 business-purpose second trust deed loan secured by an owner-occupied multifamily triplex property in the North Park neighborhood of San Diego, California. The loan proceeds were used to complete construction of four permitted accessory dwelling units and required solar improvements at the existing triplex, expanding the property from a three-unit asset…

Closed! Hard Money Loan in Long Beach: $747,500 @11.00%1st TD, Refinance, SFR, 63.60% CLTV

Brokers, Long beach, Recent Transactions, Uncategorized

Loan Summary:  Real estate investor sought a business purpose 1st TD on this non-owner occupied, fully renovated single-family ranch-style residence located in the desirable El Dorado neighborhood of Long Beach, California. The purpose of this loan is to pay off a $773,000 1st TD. The borrower purchased the property as an investment fix-and-flip project and has invested…

Fountain Valley loan

COMPLETED! HARD MONEY LOAN IN FOUNTAIN VALLEY: $180,000 @12.25%, 2ND TD, INVESTMENT PROPERTY, SFR, 65.00% CLTV

Borrowers, Brokers, Fountain Valley, Investors, Recent Transactions

Mortgage Vintage funded a $180,000 business-purpose cash-out second trust deed on a non-owner-occupied single-family residence in Fountain Valley, Orange County, California. The borrower sought this business-purpose cash-out loan to finance property improvement activities designed to increase the home’s marketability and resale value ahead of a planned fix-and-flip sale. The borrower had acquired the investment property…

Done Deal! Hard Money Loan in Yuba City: $1,277,500 @11.50%, 1st TD, Cash-Out Refinance, SFR, 57.46% CLTV

Brokers, Recent Transactions, Yuba City

Loan Summary Real estate investor and business owner borrower sought a 1st TD business purpose cash out refinance loan on this beautiful contemporary investment estate with a two story SFR and a walnut orchard hobby farm in Yuba City, Sutter County, CA. The purpose of this loan is to consolidate current and in good standing 1st and…

Beverly Grove West Hollywood loan

COMPLETED! HARD MONEY LOAN IN BEVERLY GROVE / WEST HOLLYWOOD: $1,950,000 @12.00%, 1ST TD, ADU CONSTRUCTION, SFR+ADU, 65.00% LTV

Beverly Grove / West Hollywood, Borrowers, Brokers, Investors, Recent Transactions

Mortgage Vintage successfully funded a $1,950,000 business-purpose first trust deed on a non-owner-occupied Spanish-style single-family residence with a detached accessory dwelling unit (ADU) situated in the Beverly Grove / West Hollywood neighborhood of Los Angeles, California. The Beverly Grove West Hollywood loan was structured as a rate-and-term refinance combined with a funds control component, enabling…

Alhambra hard money loan

COMPLETED! HARD MONEY LOAN IN ALHAMBRA: $1,105,000 @10.00%, 1ST TD, CASH-OUT REFI, SFR, 65% CLTV

Alhambra, Borrowers, Brokers, Investors, Recent Transactions

Mortgage Vintage successfully funded a $1,105,000 business-purpose cash-out refinance secured by a first trust deed on a non-owner occupied single-family residence in Alhambra, Los Angeles County, California. The borrower, an experienced real estate investor with a 687 FICO score and approximately $400,000 in verified cash reserves, used the proceeds to retire an existing first trust…

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 Springs

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 as a…

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

Borrowers, Brokers, Hacienda Heights, Investors, Recent Transactions

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 investment-related activities.…

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

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 the potential…

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

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 or heavy…

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…