Recent Transaction in Simi Valley: $76,000 @ 10.00%, 2nd TD, Cash-Out, Condo, 13.82% CLTV

Business owners sought a cash-out 2nd TD of this owner occupied Condo in Simi Valley, Ventura County.  Proceeds from this loan will be invested into the Borrower’s Allstate Insurance business. Our subject property is a well appointed two-story Condo located in Simi Valley.  The subject was built in 1987 and has 1,137 sqft of living space…

Done Deal! Hard Money Loan in Santa Monica: $875,000 @ 11.00%, 2nd TD, SFR, Cash-Out, 70.29% CLTV

Borrower, successful real estate investor and business owner sought a business purpose cash-out 2nd TD on this non-owner occupied SFR in Santa Monica, Los Angeles County. Funds from our loan will be used to pay off the existing business purpose 2nd while the remainder of the proceeds will be invested into the borrower’s expanding medical…

Done Deal! Hard Money Land Loan in Adelanto: $2,500,000 @ 14.50%, 1st TD, Cash-Out, LTV 8.33%

Repeat MVI borrower and successful real estate investor is sought a 1st TD on this fully entitled, CUP permitted, city approved commercial 18 lot subdivide on Koala Road, in Adelanto, San Bernardino County, CA. The borrower is also cross collateralizing a fully entitled, CUP permitted, city approved commercial 12 lot subdivide on Jonathan Street, in…

Recent Transaction in Weaverville: $146,250 @ 9.00%, 1st TD, SFR, Cash-Out, 58.50% LTV

Successful business owner/operator of “Trinity Iron Works”, current MVI borrower and real estate investor sought a 1st TD business purpose cash out on this “Free & Clear” SFR in Weaverville, Trinity County, CA. Funds from this loan will go directly towards the purchase of a commercial building real estate acquisition closing soon in escrow. Mortgage…

Closed! Hard Money Loan in Long Beach: $370,000 @ 7.00%, 1st TD, Multi-Family, Cash-Out, 37.00% LTV

Real estate investor, business owner and successful Mortgage Vintage borrower sought a new business purpose cash-out 1st TD refi on this non-owner occupied 3-unit multi-family property in Long Beach in LA County.  The borrowers $210k 1st TD that this loan is paying off is current and has performed perfectly.  Funds from our loan will be…

Recently Funded Hard Money Loan in Garden Grove: $300,000 @ 6.00%, 1st TD, SFR, 35.93% LTV

Successful real estate investors and previous Mortgage Vintage borrowers sought to refinance their existing 1st Trust Deed on this non-owner-occupied Garden Grove, Orange County rental property.  In addition to our new $300k loan, the Borrower is bringing in over $215k cash to close to pay off the existing $515k US Bank 1st Trust Deed. The subject…

Done Deal! Hard Money Loan in Santa Clarita: $137,000 @ 12.00%, 2nd TD, SFR, Cash-Out, CLTV 69.93%

Experienced realtor sought a business purpose cash-out 2nd TD on this owner-occupied, newly built SFR in Santa Clarita, Los Angeles County, CA. Funds from our loan will be used towards a business investment opportunity. The $912k 1st TD is current and in good standing at a 5.75% rate. The subject property is a beautiful, two-story,…

Recent Hard Money Commercial Loan in Weaverville: $425,000 @ 11.50%, 1st TD, Cash-Out, LTV 56.67%

Successful business owner/operator of “Trinity Iron Works” and real estate investor sought a cash-out 1st TD on this commercial building and two adjacent lots, each with their own electrical/gas/address, to pay-off a small, existing and in good standing $175k 1st TD and 100% of the balance of the funds will be used towards the down-payment purchase…

Recently Funded Hard Money Loan in Stockton: $57,000 @ 9.00%, 2nd TD, Cash-Out, SFR, 70.00% CLTV

Successful Mortgage Vintage borrower and Business owner sought a new business purpose cash-out 2nd TD on this non-owner occupied investment property in Stockton, CA in San Joaquin County.  Funds from our loan will be used to make improvements to the existing property in preparation to sell it. The subject property is 2,533 SF ranch-style SFR…

Recent Transaction in Newport Beach: $820,000 @ 7.25%, 1st TD, SFR, 48.24% LTV

Successful Mortgage Vintage borrower sought a business purpose cash-out 1st TD on this owner-occupied property in Newport Beach, Orange County, CA.  Funds from our loan will be used to provide additional working capital for a growing Gaming business opportunity, Innovative Marketing Concepts, Inc.  This new loan will provide additional cash out for the business and…

Closed! Hard Money Cannabis Loan in Miranda: $250,000 @ 11.00%, 2nd TD, SFR & Land, 37.42% CLTV

Real estate investors and experienced business owners sought  a 2nd TD business purpose cash out loan on this mixed-use investment property in Miranda, Humboldt County, CA. Borrowers existing 6% interest, 1st TD of $461K is current and in good standing. The funds from this loan will be used for an immediate capital infusion into the expansion…

Recent Transaction in Santa Ana: $585,000 @ 8.50%, 1st TD, Cash-Out, SFR, 65.00% LTV

Highly successful Real Estate Investor and previous Mortgage Vintage borrower sought a cash-out refinance 1st TD on this mixed use office/residential condominium property in Santa Ana, CA in Orange County.  The property is currently and has since inception being used as the Headquarters for Caboraca Investments, Inc.  which is a Real Estate Brokerage and Construction…

Recently Funded Hard Money Loan in Riverside: $100,000 @ 6.50%, 1st TD, SFR, Cash-Out, 17.27% LTV

Long time successful real estate investor and business owner sought a cash-out 1st TD on this Riverside home to use as a down payment for the purchase of another investment property in Corona. All proceeds from this loan will be going straight to escrow for the purchase of the Corona property. Borrower is going to Fix…

Closed! Hard Money Loan in Palm Springs: $400,000 @ 9.500%, 2nd TD, SFR, Cash-Out, 49.60% CLTV

Borrower and experienced real estate investor sought a business purpose 2nd TD to payoff an existing 2nd mortgage and cash-out to upgrade and improve the subject Non-Owner Occupied property to increase its value and appeal. The subject is located on a corner lot in the historic Tennis Club in central Palm Springs in Riverside County,…

Recently Funded Hard Money Loan in Los Angeles: $1,800,000

Borrower and successful real estate investor sought a 1st TD cash-out refinance on this 19-unit multi-family property in Los Angeles, CA.  The borrower has multiple real estate investment properties in the Southern California area. They were looking to refinance the existing TD and also take out some cash to do numerous repairs and improvements to…

Recent Transaction in Los Angeles: $1,650,000 @ 7.25%, 1st TD, Cash-Out, Multi-Family, 56.90% LTV

Borrower and successful real estate investor sought a 1st TD cash-out refinance on this 13-unit multi-family property in Los Angeles, CA.  The borrower has multiple real estate investment properties in the Southern California area. They refinanced the existing TD and also took out some cash to do numerous repairs and improvements to the property to…