Recent Transactions: Successful Hard Money Loans & Funding

Done Deal! Hard Money Loan in Corona Del Mar: $350,000 @ 12.25%, 2nd TD, Cash-Out-Refinance, SFR, 64.60% CLTV

Brief Overview Loan Summary: Borrower and business owner sought a $350,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Corona Del Mar, Orange County, CA.  The loan proceeds will be used for working capital in borrower’s financial services company. Property Description: The subject property is a well-maintained single-family residence located in…

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Closed! Hard Money Loan in Santa Barbara: $700,000 @10.00%, 2nd TD, Cash-Out, Mixed-Use, 52.98% CLTV

Loan Purpose Current successful Mortgage Vintage borrower sought a cash out 2nd TD to finish construction. The loan is structured as a business-purpose, non-owner-occupied second trust deed to provide capital for the continued renovation and ADU conversion of the subject property. Loan proceeds are intended to support construction and improvement activities designed to enhance the property’s utility and…

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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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