Closed! Hard Money Loan in San Diego: $218,000 @11.50%, 2nd TD, SFR, 56.87% CLTV

Loan Purpose Borrowers and real estate investors sought a Business Purpose Cash-Out 2nd Trust Deed loan on this non-owner-occupied property located in San Diego.  Loan proceeds will be used to do light renovations to the property to prepare it for a new rental. The Borrower has the rental property professionally managed by Utopia Management. The existing…

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Recently Funded! Hard Money Loan in Buena Park: $420,000 @12.50%, 2nd TD, Cash-Out, SFR, 59.96% CLTV

Executive Summary Borrower sought a 2nd TD cash-out loan secured by an owner-occupied single-family residence located in Buena Park, Orange County, California. The loan proceeds will be used to acquire a 25% ownership interest in a business consulting firm. Property Overview The subject property is a well-maintained, two-story colonial-style single-family residence in Buena Park’s most…

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Closed! Hard Money Loan in Los Banos: $175,000 @11.00%, 1st TD, SFR, 37.38% CLTV

Executive Summary: Borrower sought a 1st TD cash out loan secured by a non-owner-occupied investment SFR located in a suburban neighborhood of Los Banos, Merced County, California. Borrower is employed by the U.S. Air Force and demonstrates a reliable income of over $100K in addition to another income generating investment property in Missouri. The borrower…

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Done Deal! Hard Money Loan in Santa Ana: $492,700 @ 9.50%, 1st TD, Cash-Out, 2-4 Units, 63.21% CLTV

Loan Overview: An experienced Mortgage Vintage borrower—an entrepreneur and seasoned real estate investor—sought a first Trust Deed, cash-out loan secured by a recently acquired single-family residence in Santa Ana, CA. The borrower, Premium Home Services, Inc., will use the loan proceeds to complete a full property renovation and construct two ADU’s (Accessory Dwelling Units), maximizing the property’s value before sale. Loan Purpose: The property…

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Recently Funded! Hard Money Loan in Palm Desert: $665,000 @13.00%, 2nd TD, Cash-Out, Commercial, 49.83% CLTV

Executive Summary: Real estate owner-broker and investor sought a 2nd TD, rate-and-term refinance loan on a well-located commercial property, right on the 111 HWY near El Paseo shopping district, in Palm Desert, CA. The borrower is the owner, founder, and broker of www.firmcompanies.com, a company specializing in commercial real estate and property management throughout the Coachella Valley.…

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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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