Done Deal! Hard Money Loan in Seal Beach: $1,300,000 @ 8.00%, 1st TD, Purchase, SFR, 38.01% CLTV

Brief Overview Loan Description: Co-Borrowers, Real Estate Investors and and previous successful MVI Borrowers sought a $1,300,000 Purchase loan to buy a new investment property in Seal Beach, CA.  The purchase price is $3.25 Mil. and the borrower is bringing in $1.95 Mil. as a down payment.  Subject BPO value came in at $3.42 Mil.…

Recently Funded! Hard Money Loan in San Jacinto: $490,750 @10.50%, 1st TD, Purchase, Commercial, 63.73% CLTV

1. Loan Purpose: Borrower, business owner, and successful Mortgage Vintage borrower sought a Business Purpose purchase 1st Trust Deed loan to purchase this commercial property in San Jacinto. Borrower operates, an e-commerce business that specializes in western apparel and accessories for men, women, and children. In addition to clothing, they also offer pet-related products, catering…

Closed! Hard Money Loan in Palm Desert: $737,000 @ 10.50%, 1st TD, Commercial, Cash-Out, 55.00% LTV

Very successful borrower who is the Owner and Founder of “Vista Paint” https://www.vistapaint.com/ and experienced real estate investor of a large commercial and residential real estate portfolio throughout Southern California sought a business purpose cash out loan on this “Free and Clear” non-owner occupied commercial investment building just 2 blocks from world-famous El Paseo shopping…

Done Deal! Hard Money Commercial Purchase in North Hollywood: $604,500 @ 12.00%, 1st TD, 65.00% LTV

Successful business owner sought a 1st Trust Deed to purchase this owner-occupied, commercial property in North Hollywood, Los Angeles, CA. In addition to our loan, borrower is bringing in $374,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $325,500. The rehab is expected to take about 45…

Closed! Hard Money Purchase in Santa Ana: $1,750,000 @ 10.50%

Real Estate Investor and business owner-user sought a business purpose loan to purchase this commercial industrial building.  Property will be owner-occupied by the borrower’s company which will operate a fully licensed cannabis cultivation and distribution business. This Santa Ana Green Zone Subject Property is a multi-tenant industrial building located in the Dyer Business Park within…

Closed! Hard Money Commercial Purchase in Fullerton: $1,570,000 @ 10.00%, 1st TD, 52.33% LTV

Very successful business owner and real estate investor is seeking a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. Mortgage Vintage facilitated the Seller’s purchase loan on this property 3 years ago. This loan will be replacing Mortgage Vintage’s existing and in good standing 1st Trust Deed with this new…

Closed! Hard Money Purchase in Adelanto: $456,000 @ 14.50%, 1st TD, Land, 15.00% LTV

Successful, repeat Mortgage Vintage borrower and business owner, operator and real estate owner of “Stay Elevated LA” cannabis brand and existing cultivation center in Van Nuys, Los Angeles sought a 1st Trust Deed business purpose cash out loan on this entitled land in Adelanto, San Bernardino County, CA. Borrower’s “skin in the game” to date on…

Recently Funded Hard Money Commercial Purchase in Fullerton: $1,946,700 @ 10.50%, 1st TD, 64.93% LTV

Very successful real estate investor and business owner of 45 years sougth a 1st Trust Deed to purchase this owner-occupied, industrial building in Fullerton, Orange County, CA. In addition to our loan, borrower is bringing in $1,290,000 “skin in the game” cash to close towards purchase. Investor Equity Protection on this new loan is $1,051,250. The…

Recent Hard Money Purchase in Twentynine Palms: $120,000 @ 10.00%, 1st TD, Cash-Out, 75.00% LTV

Successful, previous Mortgage Vintage borrower and experienced “fix & flip” and “fix & rent” real estate investor sought a 1st TD Purchase Loan on this non-owner occupied, SFR investment property in Twentynine Palms, San Bernardino County, CA. Borrower is bringing in $37,500K “skin in the game” cash to close plus investing additional personal funds and…

Closed! Hard Money Purchase in Perris: $3,800,000 @ 18.00%, 1st, Commercial, 50.00% LTV

Successful Mortgage Vintage Borrower, business owner, and real estate investor (Fairbrook Communities, LLC) is seeking a Blanket 1st Trust Deed to purchase two well located lots of undeveloped land in Perris and Menifee in Riverside County. The multi-family development entitlements for both properties should be coming within the next 60 days. The borrower tied up…

Recently Funded Hard Money Purchase in Laguna Beach: $1,462,500 @ 8.00%, 1st TD, SFR, LTV 75.00%

Real Estate investor sought a new business purpose purchase 1st TD on this non-owner occupied Duplex investment property in Laguna Beach, CA in Orange County.  Funds from our loan will be used to purchase the subject property for $1.95 Mil.  Borrowers’ Down Payment will be more than $500k. The subject property is 1,914 SF duplex…

Done Deal! Commercial Hard Money Loan in Douglas City: $576,000 @ 10.50%, 1st, Purchase, 60.00% LTV

Very successful business owner/operator of “Trinity Iron Works” and real estate investor sought a 1st TD to purchase this commercial investment property in Douglas City, Trinity County, CA. Borrower is acquiring this currently vacant commercial property to expand operations for his rapidly growing metal roofing manufacturing and installation business. Borrower is sitting on a large…

Recent Hard Money Purchase in Palos Verdes Estates: $2,437,000

Successful Real Estate Investor sought a 1st TD purchase loan for this SFR Non-Owner-Occupied investment property in Palos Verdes Estates, CA.  The borrower is recently Divorced which impacted his Credit. The subject property is a classic Mediterranean style SFR, sitting in one of the most sought-after neighborhoods in all of Palos Verdes Estates, Los Angeles County.…

Recent Hard Money Purchase in Torrance: $1,116,500 @ 9.50%, 1st TD, Commercial Building, 70.00% LTV

Successful Mortgage Vintage borrower and experienced real estate investor sought a 1st TD to purchase this industrial building in the highly sought after Torrance market, Los Angeles, CA. Borrower is bringing $478,500 personal “skin in the game” funds to close. The subject property is a single tenant, gated industrial building with 3,450 SF of rentable…

Closed! Hard Money Purchase Loan in Temecula: $1,100,850 @ 10.00%, 1st TD, SFR, 61.50% LTV

The borrower sought a 1st TD purchase loan for this SFR Non-Owner Occupied investment property in Temecula, CA. The subject property, known as the “The Big G Ranch”, is a historic Western ranch style SFR, sitting behind the “Cross Creek” golf course in the picturesque wine country of Temecula. The subject property features 5,100 SF of…

Done Deal! Hard Money Purchase in Paradise: $325,500 @ 9.50% Lender Rate, 1st TD, 70.00% LTV

Borrowers sought a 1st TD loan to purchase this non-owner occupied, SFR rental investment property in Paradise, Solano County, CA.  Borrowers are putting down $148k personal funds “skin in the game” towards the purchase of this investment property. Exit strategy is a conventional refinance. The subject property is a contemporary styled, one story SFR with…

Done Deal! Hard Money Construction Loan in Apple Valley:$480,280.00 @9.50%, 1st TD, 8.05%LTV

30+ years experienced residential developers and borrowers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com).  Borrowers have already built and sold 8 SFRs similar to this subject property in this same “Dorada @ Vista Del…

Closed! Hard Money Purchase in Santa Ana: $922,000 @ 8.50%, 1st TD, Commercial Building, 83.82% LTV

Previously successful Mortgage Vintage Inc. borrowers, real estate investors and business owners sought a 1st TD to purchase this mixed use, non-owner occupied, commercial & residential investment property in Santa Ana, Orange County, CA. Borrowers own several other properties on the same “Main Street” in Santa Ana, CA. This subject property acquisition is an expansion…

Done Deal! Purchase in Moreno Valley: $1,050,000 @ 12.00%, 1st TD, Land, 60.00% LTV

Successful MVI Borrowers and Real Estate Developers sought a 1st TD to purchase this prime multi-family land in the heart of Moreno Valley, Riverside County, CA with proposed improvements to develop the land into a Multi-Family residential development. Borrowers have contributed to and secured $2.2 Million in Equity for this project and have an initial…