Done Deal! Purchase in Santa Ana: $495,000 1st TD @ 7.50%, SFR, 75.57% LTV

Successful Mortgage Vintage Inc. borrower and real estate investor sought a 1st TD loan to purchase this non-owner occupied, SFR investment property in Santa Ana, Orange County, CA.  Borrower owns multiple rental properties in Santa Ana.  Borrower is putting down approx. $170,000 of their own money towards this Purchase. The subject property is a SFR…

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Closed! Purchase in Indio: $666,250 1st TD @ 7.50%, SFR, 65.00% LTV

Real estate investors are sought a 1st TD loan to purchase this non-owner occupied, SFR investment property in Indio, Riverside County, CA.  Borrower is putting down approx. $358,000 of their own money towards this Purchase. Exit strategy is a conventional refinance. The subject property is a Spanish styled, SFR with mountain views, located in the…

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Recently Funded Purchase in Downey: $340,000 @ 9.75%, 1st TD, 61.00% LTV

Previous and successful Mortgage Vintage borrower sought a 1st TD to purchase this SFR + Land investment property in Downey, Los Angeles County, CA.  The borrower intends to develop a rental SFR on this subject property in the future.  The borrower is buying the subject property at a discount below the appraised value because borrower…

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