Los Angeles blanket loan

COMPLETED! HARD MONEY LOAN IN LOS ANGELES: $334,640 @12.00%, 2ND TD, BLANKET, MULTI-FAMILY, 59.00% CLTV

Borrowers, Brokers, Investors, Los Angeles, Recent TransactionsLeave a comment

Loan Purpose Mortgage Vintage successfully funded a blanket second trust deed cash-out loan totaling $334,640, secured by three non-owner-occupied duplexes in Los Angeles, California. The borrower, an experienced real estate investor and repeat Mortgage Vintage client, used the loan proceeds to support business-purpose investment activities within an existing real estate portfolio. The loan was originated…

Palm Desert hard money loan

COMPLETED! HARD MONEY LOAN IN PALM DESERT: $737,000 @10.50%, 1ST TD, CASH OUT, COMMERCIAL, 55.00% LTV

Borrowers, Brokers, Investors, Palm Desert, Recent Transactions

Loan Purpose Mortgage Vintage funded a $737,000 first trust deed cash-out loan on a free-and-clear commercial investment property located just two blocks from the world-famous El Paseo shopping district in Palm Desert, California, directly on high-traffic Highway 111. The borrower, a highly successful entrepreneur and seasoned real estate investor with a documented net worth of…

El Dorado Hills commercial loan

COMPLETED! HARD MONEY LOAN IN EL DORADO HILLS: $200,000 @14.00%, 2ND TD, INVESTMENT PROPERTY, OFFICE, 59.84% CLTV

Borrowers, Brokers, El Dorado Hills, Investors, Recent Transactions

Loan Purpose Mortgage Vintage successfully funded a $200,000 second trust deed business-purpose cash-out bridge loan secured by a non-owner-occupied, two-story multi-tenant commercial office and retail property located in an established business corridor in El Dorado Hills, California. The borrower sought this El Dorado Hills commercial loan to support general working capital, maintain portfolio reserves, cover…

Recently Funded! Hard Money Loan in Palm Springs: $2,860,000 @13.75%, 1st TD, Refinance, Industrial, 65.00% CLTV

Brokers, Palm Springs, Recent Transactions

Loan Purpose Repeat MVI borrower refinanced existing debt secured by an industrial property located in Palm Springs, California. Loan proceeds will be used to retire the current 1ST TD with Mortgage Vintage that is maturing and a 2nd TD to consolidate the capital structure into a new 1ST TD. The loan is business-purpose and secured by a non-owner-occupied…

Closed! Hard Money Loan in Palm Desert: $775,000 @ 12.50@, 1st TD, Commercial, LTV 25.49%

Brokers, Palm Desert, Recent Transactions

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 improved 1.61-Acre Commercial Zoned Lot operating as a RV dealership with…

Done Deal! Hard Money Commercial Loan in Palm Desert: $1,034,000

Brokers, Palm Desert, Recent Transactions

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”, fully occupied commercial investment building. Subject sits just 1 block from the world-famous El Paseo shopping district in Palm Desert. Borrower owns many “free and…

Done Deal! Hard Money Commercial Loan in Palm Desert: $745,500 @ 10.50%, 1st TD, Cash-Out, 55% LTV

Brokers, Palm Desert, Recent Transactions

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…

Closed! Hard Money Commercial Loan in Palm Desert: $1,292,500 @ 10.50%, 1st TD, Cash-Out, 55% LTV

Brokers, Palm Desert, Recent Transactions

Owner-founder of “Vista Paint” https://www.vistapaint.com/ and 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 district Palm Desert, sits right on the primary traffic…

Done Deal! Hard Money Commercial Loan in Palm Desert: $1,083,500

Brokers, Palm Desert, Recent Transactions

Very successful, owner-founder of “Vista Paint” https://www.vistapaint.com/ and 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 district Palm Desert, right off the 111…

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

Brokers, North Hollywood, Recent Transactions

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 Loan for Commercial Hotel in Sierra City

Brokers, Recent Transactions, Sierra City

Borrower has invested $450K “skin in game” in full renovation and remodel since purchase of property in 2019. In addition to this income generating hotel property, borrower owns a successful Harley Davidson restoration company. Borrower able to make payments through multiple financial sources. Successful business owner and real estate investor sought a $337,500 1st Trust Deed…

Done Deal! Commercial Hard Money Loan in Whittier: $400,000 @ 15.00%, 1st TD, Cash-Out, 39.22% LTV

Brokers, Commerce, Recent Transactions

Successful long-time business owner of “Rincon De Guayabitos” restaurant and his Construction Business Owner sought a 1st Trust Deed cash out refinance on this mixed-use commercial/residential property in Los Angeles, CA. Our borrower purchased the property with a partner in 2006 and the partner has since passed away and our borrower is the sole owner. …

Recently Funded Hard Money Commercial Loan in Rancho Cucamonga

Brokers, Rancho Cucamonga, Recent Transactions

30 year plus very experienced, successful commercial real estate investors and business owners of “Vivative Ventures Inc.”, a team of real estate professionals who specialize in revitalizing commercial buildings, sought a 1st Trust Deed refinance loan on this commercial building that is fully entitled, zoned GC – General Commercial in the heart of Rancho Cucamonga, San…

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

Brokers, Fullerton, Recent Transactions

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…

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

Brokers, Fullerton, Recent Transactions

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…

Done Deal! Hard Money Commercial Loan in La Habra: $810,000 @ 12.00%, 2nd TD, Cash-Out, 58.40% CLTV

Brokers, La Habra, Recent Transactions

Real estate investor and successful business owner sought a $810K 2nd Trust Deed loan on this non-owner-occupied, multi-tenant commercial-office building in La Habra, Orange County, CA. In addition to this subject property, borrower owns the lucrative “Imperial Spa” in Fullerton, CA with a branch in Las Vegas, NV. The Imperial Spa – Spa in Orange County I…

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

Brokers, Douglas City, Recent Transactions

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

Brokers, Recent Transactions, Weaverville

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…