Recently Funded Hard Money Loan in Rancho Santa Fe: $570,000 @ 12.99%, 2nd TD, Cash-Out, Single Family Residence, 60.46% CLTV

Very successful business owners sought a $570,000 2nd Trust Deed business purpose cash-out loan on this owner-occupied SFR in the coveted neighborhood of Ranch Santa Fe, San Diego County, CA.  Husband is the President of ChemDirect a business consulting firm and Stanford Business School Graduate. Wife is the owner of Ashley David Design; a successful workspace…

Read more

Closed! Hard Money Loan in Orlando, FL: $1,140,000 @ 15.75%, 2nd TD, Cash-Out, Single Family Residence, 60.00% CLTV

Successful Mortgage Vintage borrower, CEO and long-time successful business owner (Burger Busters, Inc.), burgerbusters.com, sought a cash-out business purpose 2nd TD on this non-owner occupied property located in the exclusive gated Disney neighborhood of Golden Oak which was just recently featured in an article in the Wall Street Journal (Click Here to read the article). BurgerBusters Inc. currently…

Read more

Recently Funded Hard Money Loan in Hemet: $120,000 @ 13.00%, 2nd TD, Cash-Out, Single Family Residence, 58.46 CLTV

Business owner sought a small $120K 2nd Trust Deed business purpose on this owner-occupied SFR in Hemet, Riverside County, CA.  100% loan proceeds will be used for a capital infusion into the borrower’s elderly and disabled care services business. Exit strategy: borrower is a Veteran, VA consolidated refinance loan or business proceeds. The borrower’s 1st mortgage…

Read more

Closed! Hard Money Construction Loan in Apple Valley: $542,960 @13.50%, 1st TD, Single Family Residence, 78.34%LTV

3x Successful Mortgage Vintage borrowers and 30+ years experienced residential developers sought a 1st TD loan to finish development on this “pre-sold”, SFR property in Apple Valley, San Bernardino County, CA. Borrowers own “Evergreen Homes, LLC” Evergreen Homes (evergreenhomesca.com). Borrowers have already built and sold 55+ SFRs similar to this subject property in this same…

Read more

Recently Funded Hard Money Commercial Loan in Rancho Cucamonga: $2,250,000 @ 13.00%, 1st TD, Cash-Out, 44.91% LTV

30 year plus very experienced, successful commercial real estate investors and business owners of “Vivative Ventures Inc.”, a team of real estate professionals who specialize in revitalizing commercial buildings, sought a 1st Trust Deed refinance loan on this commercial building that is fully entitled, zoned GC – General Commercial in the heart of Rancho Cucamonga, San…

Read more

Recently Funded Hard Money Loan in Agoura Hills: $175,000 @ 10.00%, 2nd TD, Cash-Out, Single Family Residence, 39.93% CLTV

Successful Mortgage Vintage repeat borrowers and on-time payers sought a small cash-out 2nd TD on this owner occupied SFR in Agoura Hills.  Borrowers are highly experienced real estate agents specializing in high end residential estate properties in the Malibu area with several multi-million dollar listings.  Borrowers are seeking a loan to invest into their real…

Read more