Successful Mortgage Vintage borrower, real estate investor and developer was seeking a business purpose cash-out loan to be used to complete construction on a duplex and to invest into a new project. Construction plans for the subject property consisted of completing 2 units with one unit downstairs and one unit upstairs. The downstairs unit will…
Mortgage Vintage successful repeat borrowers and estate investors needed a business purpose cash-out 2nd TD on this non-owner occupied 4-unit property in Westminster, CA in Orange County. The funds were used to purchase another investment property. The subject property is ranch style 4-unit residence in Westminster. Total SF of the property is 3,336 SF and…
Business owner was seeking a 1st TD to purchase a mixed-use commercial property in Rosamond, CA in Kern County. Borrower planed to expand his business into this property which sits right next to the entrance of the Willow Springs International Raceway. The subject property is a 5,782 SF mixed use commercial property with residential and…
Real estate investor sought a cash-out 1st TD on this non-owner occupied SFR in Temecula in Riverside County. Our MVI loan paid off an existing private money 1st TD as well as provided cash-out to make repairs and improvements to the subject property. The subject is a beautiful 2 story Spanish style home with 10…
Experienced Real Estate Investor and successful MVI borrower sought a 2nd TD on two vacant lots with a cross collateral 1st TD combination cash-out loan on one other vacant land parcel. Each of the three parcels is located in Riverside, CA. The cash-out will be used for pre-development expenses where the borrower plans to build…
Experienced real estate investor and business owner sought a cash-out 2nd TD on this non-owner occupied property located in this Balboa Peninsula portion of Newport Beach, Orange County. Proceeds from this loan will be used to complete the renovation of the property. There will be a funds control account established holding $250K. The subject property…
Borrowers and business owners saught a business purpose cash-out 2nd TD on this owner-occupied Camarillo, CA single family residence to invest back into his Ventura County marina business for minor updates and repairs. The subject property is a beautiful two-story Spanish style home sitting on a 34,871 SF lot. The home is 3,673 SF with…
Experienced Assisted Living Facility Operator. Borrower sought a cash-out 1st TD on this Fresno Assisted Living and Memory Care Facility to complete the remodel of the subject property. Borrower has recently secured a new 1st Trust Deed of $700k that paid off a matured 1st TD that was used to purchase the property in Aug.…
723 credit score borrower, real estate investor and business owner sought a 1st TD to purchase this commercial property in Lancaster, CA in Los Angeles County. Property is currently rented to a long-time tenant since May 1, 2008. Tenant signed a new 10-year NNN lease that began on May 1, 2016 and runs thru April…
Real estate investor and business owner sought a business purpose loan to purchase this investment property in Los Angeles County for $640K. The subject is comprised of two SFRs. Unit 6811 is 2bd/1 bath and 1,060 sf. This unit is currently gutted with an estimated cost of $80K to renovate. The rear unit 6809 is…
Successful Mortgage Vintage borrower and real estate investors and developer sought this business purpose cash-out loan to be used to complete construction of 3 SFRs and 3 accompanying ADU. All three properties are currently in escrow to be sold upon completion of construction. Property 813 N. Figueroa St. will consist of a 2 story SFR…
Real estate investor is sought a business purpose cash-out 1st TD on this Santa Ana 3-unit investment property to remodel each of the three units and ultimately bring it up to code with the City of Santa Ana Planning & Building Department. The subject is a ranch style triplex located in Santa Ana in Orange…
Real estate investor and long time business owners sought a business purpose cash-out 2nd TD on this non-owner occupied SFRs on one lot in Rancho Cucamonga. Proceeds from our loan will be used to bring in entitlements for what will be the future site of a 17 unit home development. The subject property is a…
Retired contractor and full-time senior accountant soughta true Bridge Loan to purchase what will be their new primary residence. Our new loan isa blanket 1stTD on the subject property in Aguanga in Riverside County, and, a 2ndTD on the cross collateralproperty in Aliso Viejo in Orange County. The Aliso Viejo property is currently in escrow…
Long-time business owner was seeking a business purpose cash-out 2nd TD on this owner-occupied San Juan Capistrano SFR to invest back into his real estate finance business. The subject property is a beautiful two-story Colonial style 3 BR/4.5 BA SFR located on a cul de sac street in San Juan Capistrano in Orange County. The…
Long-time business owners were seeking a business purpose cash-out 2nd TD on this owner occupied SFR in Monrovia in LA County. Proceeds from our loan will be used to help open a new location of the borrower’s restaurant business, Puebla Tacos. The subject property is a single level traditional style home sitting on a 6,888…
Real estate investor borrower was seeking a business purpose 2nd TD to payoff an existing 2nd mortgage and cash-out to invest in real estate. The subject property is a ranch style home in Bermuda Dunes in Riverside County. The home is 5,067 SF with 10 total rooms and 6 BR/5 BA with a 3-car attached…
Real estate investors and long-time business owners were seeking a business purpose cash-out 2nd TD on this non-owner occupied SFR in Los Angeles. Funds from our loan will be used to make updates and repairs to the subject property to ready the property for sale. The subject property is a single level Spanish style home…
Borrower was seeking this Bridge Loan to purchase a SFR in Big Bear using her primary residence in Los Angeles as a cross collateral 2nd TD. The Borrower will be retiring from Merrill Lynch and moving to the Big Bear property for retirement. The Los Angeles property is already listed for sale. The subject is…
Borrower was seeking a cash-out 1st TD Bridge Loan on her current primary residence in Garden Grove SFR in Orange County. The funds from our Mortgage Vintage Bridge Loan will be used to purchase the borrower’s new out-of-state primary residence. Borrower plans to sell this Garden Grove property within the next 12 months. The subject…