Loan Purpose 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…
Loan Purpose 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…
Loan Purpose 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…
Loan Purpose 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…
Loan Purpose 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.…
Loan Purpose 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…
Loan Purpose 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…
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…
Loan Purpose 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…
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…
Loan Purpose 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…
Loan Purpose 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…
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…
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…
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…
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…
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…
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…
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…
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…
Loan Purpose Business owner sought a $250,000 business purpose 1st Trust Deed cash out loan on this “free and clear” – no debt – non owner occupied rental SFR property in Brea, Orange County. The borrower will be using the loan proceeds to reinvest into their food truck business. Property Description The subject property is a…
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…
Loan Summary Borrower sought a 1st TD rate-and-term business purpose refinance on a non-owner occupied SFR investment property in the highly desirable Mesa Verde tract of Costa Mesa, Orange County, CA. Loan proceeds will pay off existing 1st mortgage lien currently in default and has a notice of default filed. The borrower, a registered nurse…
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…
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…
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…
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…
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…
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…
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…