Closed! Hard Money Loan in Santa Ana: $1,200,000 @ 9.50%, 1st TD, Multi-Family 2-4 Units, 64.86% CLTV

Investment Opportunity: 1st Trust Deed Refinance Loan A highly qualified borrower, a proven track record as a repeat Mortgage Vintage investor, and extensive real estate experience sought a 1st Trust Deed refinance loan for a newly built, non-owner-occupied multifamily property in Santa Ana, Orange County, CA. The loan proceeds will refinance existing Mortgage Vintage maturing construction loans. Property Overview:…

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…