Business owner sought this business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Santa Ana,Orange County, CA. 100% of the loan proceeds will be used to towards the borrower’s business, Harbor Sofas and Mattresses, to increase sales. Borrower states that he recently partnered with Wayfair to help expand his furniture business. The…
Successful repeat Mortgage Vintage borrower and long-time successful business owner sought a rate/term refinance 2nd TD on this owner-occupied SFR in Costa Mesa, Orange County, CA. Mortgage Vintage originated the current 2nd TD loan for this borrower last year and it has since matured. This new loan will payoff our existing business purpose loan and…
Successful wage earner and real estate investor/flipper sought a short-term 1st TD to purchase this SFR investment property in Oroville, CA, rehab it with her own funds, then upon completion in 6-9 months, list and sell it for a quick profit. The borrower plans to put an estimated amount of $70,000 of upgrades into the…
Experienced real estate investor, developer and successful Mortgage Vintage Fix and Flip borrower sought a 2nd TD business purpose cash-out on this SFR + 2 ADU’s investment property in Costa Mesa, CA. Funds from our loan will be used to build a third ADU ($200k) and will be held in Funds Control and the remainder…
Business owner sought a $155,000 business purpose 2nd Trust Deed loan on this non-owner-occupied condo residence in Stevenson Ranch, Los Angeles County, CA. The loan proceeds will be used towards the Borrower’s business, Digital Interiors (digitalinteriors.com), to purchase office equipment and software to improvement automation and revenue. The parent company of Digital Interiors is B&W…
CEO/Owner of Metal Builders Group and real investor sought a small $115,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Chino, San Bernardino County, CA. The loan proceeds will be used on upgrades to borrower’s other commercial investment property in Los Angeles, CA. The borrower’s 1st mortgage has a principal balance of…
Real estate investor sought a $775K 1st Trust Deed business purpose cash out loan on this “Free and Clear” (no existing debt) non-owner-occupied investment rental SFR property in Ojai, Ventura County, CA. The purpose of this loan is to use funds to invest in other real estate investment rental properties to add to borrower’s existing Schedule…
Borrower has invested $450K “skin in game” in full renovation and remodel since purchase of property in 2019. In addition to this income generating hotel property, borrower owns a successful Harley Davidson restoration company. Borrower able to make payments through multiple financial sources. Successful business owner and real estate investor sought a $337,500 1st Trust Deed…
Successful Mortgage Vintage Borrowers and Real Estate Developers sought a business purpose cash-out 1st TD on this non-owner mixed-use property in Santa Ana, Orange County, CA. Funds from our loan will be used to: 1) payoff an existing 1st and 2nd mortgage that are both in good standing; 2) start construction on another investment property owned by the…
Successful Fix & Flip Business Owner and Real Estate Investor sought a short-term business purpose cash-out 2nd TD on this mixed-use property in Whittier, Los Angeles County, CA. The borrower purchased the property a year ago and has since done a complete remodel of the two upstairs residential units. One unit has just been leased…
Business owner sought a $245K 2nd Trust Deed business purpose loan on this owner-occupied SFR in Costa Mesa, Orange County, CA. 100% loan proceeds will be used for investment opportunities. The borrower’s 1st mortgage has a principal balance of $800,000 with a fixed interest rate of 4.25%, maturing November 2061 and a payment of $2,833/mo. The…
Successful wage earner and real estate investor sought a short-term $1,460,000 blanket 1st Trust Deed cash-out refinance on these two non-owner-occupied multi-family rentals in Long Beach, Los Angeles County, CA. The borrower is currently going through a divorce which is to be finalized in the next couple months. He has been ordered to pay his…
Successful MVI borrower and real estate investor sought a business purpose cash-out refi 1st TD on this non-owner occupied Single Family Residence property in Santa Ana, CA in Orange County. Funds from our loan will be used to: 1) payoff existing loan; 2) pay property taxes for this and another investment property. While this is…
Business owners sought a $650,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Pacific Palisades, Los Angeles County, CA. Loan proceeds will be used to 1) payoff an existing 2nd mortgage; 2) payoff some tax liens; and 3) will be used towards the Borrower’s Biotechnology Business’ (Aicher, Inc. et. al). In…
Successful real estate investor, business owner and repeat MVI borrower sought a $1,000,000 2nd Trust Deed business purpose cash out refinance loan on this owner occupied, SFR estate located in the desirable high-end “Brentwood” neighborhood, bordering Bel Air and Pacific Palisades in Los Angeles, CA. The purpose of this loan is to pay off an existing…
Experienced real estate investor is seeking the cash-out business purpose loan to payoff the existing loan and to make some minor improvements to the property. The property consists of two structures with each structure containing 2 units for a total of 4 units. Total square footage is 2,177 sf with two units being 533 sf…
Successful business owners sought a small $275,900 2nd Trust Deed business purpose cash out loan on this fully renovated condominium in the desirable “Sea Island” guard gated community in Newport Beach, CA. 100% of the loan proceeds will be used to expand borrowers’ business consulting business. The borrowers’ 1st mortgage is current and in good standing…
Real Estate Investor, Business Owner & W2 Wage earner sought a cash-out 2nd TD on this non-owner occupied SFR in Visalia, Tulare County, CA. The borrower just purchased a third investment property in all cash and our loan proceeds will go towards the construction of a new SPEC home on that land. The borrower expects…
Business owners sought a $250,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Millbrae, San Mateo County, CA. 100% of the loan proceeds will be used to upgrade and expand the borrowers’ snack and beverage vending machine business. The borrower expects to see an significant increase in revenue and profitability by…
Successful Mortgage Vintage borrower and business owner sought a Blanket $334,658 2nd Trust Deed cash-out loan on these three non-owner-occupied duplexes in Los Angeles, Los Angeles County, CA. The loan proceeds will be used to help the borrower payoff another investment property in his real estate investment portfolio. The three separate 1st mortgages are all with…