Closed! Hard Money Loan in Hacienda Heights & San Dimas: $900,000 @8.50%, 1st TD, SFR, 40.72% CLTV

Executive Summary: Borrowers sought a 1st TD purchase bridge loan secured by two owner-occupied single-family residences located in Hacienda Heights and San Dimas, Los Angeles County, California. Both properties are recently upgraded and located in nice, suburban residential neighborhoods. The borrowers are leveraging the equity in their “free and clear” Hacienda Heights residence to purchase…

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Done Deal! Hard Money Loan in Duarte: $175,000 @ 13.00%, 2nd TD, ADU, SFR, 48.72% CLTV

General Contractor and real estate investor sought a $175,000 second trust deed business-purpose cash-out loan secured by a non-owner-occupied, single-family rental property in Duarte, Los Angeles County, CA—just 15 minutes east of Pasadena. Loan proceeds will be placed in a funds control account to finance the construction of a 1,000 SF Accessory Dwelling Unit (ADU) on the property. This General Contractor successful…

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Recently Funded! Hard Money Loan in La Mirada: $600,000 @ 11.00%, 1st TD, Cash-Out Refi, SFR, 29.64% CLTV

Trust Deed Opportunity Summary: A qualified borrower with extensive real estate experience sought a 1st Trust Deed refinance loan secured by two properties: An owner-occupied, free-and-clear Single-Family Residence (SFR) in La Mirada, Los Angeles County, CA A fully occupied, mixed-use commercial/residential property in Los Angeles, Los Angeles County, CA The loan proceeds will be used to…

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Closed! Hard Money Loan in Santa Ana: $1,200,000 @19.50%, 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:…

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Recently Funded Hard Money Loan in Los Angeles: $460,000 @ 12.50%

Successful Mortgage Vintage Borrower and Real estate investor is seeking a business purpose 2nd TD cash-out on this Duplex rental investment property in Los Angeles, CA. $430k of the funds from our loan will be put into Funds Control to construct  2 fully permitted ADU units in the back of this subject property. Exit strategy…

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Closed! Hard Money Loan in Agoura Hills: $230,000 @ 12.00%

1. Loan Purpose: Repeat successful MVI borrowers are seeking a 2nd TD rate and term business purpose loan of this owner occupied SFR in Aguora Hills, Los Angeles County, CA. The purpose of this loan is to pay off a $200K MVI loan that is maturing. The current and in good standing 1st TD is $532,904…

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Done Deal! Hard Money Loan in San Juan Capistrano: $210,000 @ 11.50%

1. Loan Purpose: 766 and 795 credit score borrower and Business owner is seeking the 2nd Trust Deed cash-out loan to invest into their business, Citation Capital (website: https://citationcp.com). The existing first mortgage is with Morgan Stanley with a current balance of $1,290,426.65, a current adjustable interest rate of 2.55%. The first mortgage matures December 1,…

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Recently Funded Hard Money Loan in Riverside: $140,000 @ 12.25%

Borrower sought a business purpose 2nd Trust Deed on this investment rental property in Jurupa Valley, Riverside County, CA.. The purpose of this loan is to pay off an existing $65K 2nd TD and the balance will be invested into borrower’s autobody company. Borrowers’ 1st mortgage is current with a small principal balance of $47,507…

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