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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Done Deal! Hard Money Loan in Santa Ana: $160,000 @ 12.99%

Successful Mortgage Vintage Inc. borrower and real estate investor is seeking a 2nd TD business purpose cash out loan on this non-owner occupied Duplex investment rental property in Santa Ana, Orange County, CA. Borrower is pulling cash out of this investment property to purchase another investment rental property in Santa Ana. Borrower owns multiple rental…

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Recently Funded Hard Money Loan in Landers: $195,000

Real estate investor is sought a 1st TD refinance loan on this non-owner occupied SFR investment property and adjacent vacant lot in Landers, San Bernardino County, CA. Funds from our loan will be used to pay-off an existing 1st TD that is currently in default. Borrower fell behind due to a work-related injury while serving…

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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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Closed! Fix & Flip in Orinda: $188,000 @14.50%, 2nd TD, 80.00% CLTV

Real estate investor, existing Mortgage Vintage borrower and experienced Fix & Flip general contractor sought a business purpose cash-out 2nd TD loan on this prime fix & flip opportunity in Orinda, Contra Costa County, CA. Funds from our loan will be used to finish upgrades that are currently underway and $99k of the loan proceeds…

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