Recently Funded Hard Money Loan – Clovis: $295,750, 1st TD, 65% LTV, 9.00% Lender

Long time business owner orthodontist was seeking a cash-out 1st TD on this free-and-clear Clovis, CA owner occupied 2nd home to invest back into his Huntington Beach based orthodontist practice.  The borrower recently began expanding human resources by adding additional dental assistants.  Borrower now plans to upgrade equipment, install a new software system, augment supplies…

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Recently Funded Hard Money Loan – Laguna Beach and Newport Beach

Real estate investor and self-employed borrower was seeking a blanket loan on an SFR in Laguna Beach and Back Unit Condo in Corona Del Mar. The purpose of the loan was to invest in their psychiatric residential treatment facility in Pacific Beach, CA.  Funds were used for additional working capital to make improvements to the…

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