Recent Transactions: Successful Hard Money Loans & Funding

Recently Funded! Hard Money Loan in Lake Elsinore: $300,000 @11.00%, 2nd TD, Cash-Out, SFR, 62.50% CLTV

Brief Overview Loan Scenario:  Repeat Mortgage Vintage and CrowdTrustDeed borrower, Realtor and Business Owner sought a business purpose cash-out 2nd Trust Deed on his principal residence to further his Real Estate Investment and Property Management business.  Borrower is a well-established and very successful Realtor in Lake Elsinore and has est. 20+ single-family rental properties.  Borrower…

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Closed! Hard Money Loan in Newport Beach: $500,000 @10.50%, 2nd TD, Cash-Out, 2-4 Units, 60.47% CLTV

Brief Overview 2nd Trust Deed Offering Description: Co-Borrowers, Real Estate Investors and previous successful MVI Borrowers sought a $500,000 Business Purpose Cash Out 2nd Trust Deed to finish construction on a Non-Owner Occupied Duplex Short Term Rental investment property in Newport Beach, CA. Borrower’s current and in good standing 1st Trust Deed is from PennyMac at a 7.125%…

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Closed! Hard Money Loan in Dana Point: $225,000 @12.00%, 2nd TD, Cash-Out, Multi-family (4 Units), 64.99% CLTV

Brief Overview Loan Description Borrower and real estate owner sought a $225,000 business purpose 2nd Trust Deed cash out loan on this non-owner and owner occupied well-maintained 4-unit multifamily investment property building located in Dana Point, Orange County, CA—approximately one mile from Dana Point Harbor and walking distance to local shops and restaurants. The borrower will…

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Recently Funded! Hard Money Loan in Inglewood: $175,000 @8.50%, 1st TD, Cash-Out, SFR, 24.34% CLTV

Loan Purpose: The Borrower sought this 1st Trust Deed investment on a non-owner-occupied single-family residence in Inglewood, CA. Loan proceeds will be used to reimburse the borrower for recent renovations, complete landscaping, and address miscellaneous repairs. The borrower’s exit strategy is to refinance into a conventional loan. Property Description: The subject property is a 796…

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