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…