Real estate investor sought a new business purpose purchase 1st TD on this non-owner occupied 3 unit investment property in Los Angeles, CA. The subject property is 2,240 SF contemporary style duplex sitting on a 6,346 SF lot. The home has 15 total rooms with 6 BR/4 BA and a 1-car attached garage. Property consists of…
Successful and current Mortgage Vintage borrowers and business owners sought a business purpose cash-out 2nd TD on this beautiful Manhattan Beach SFR. Funds from our new Mortgage Vintage loan will be used to refinance the maturing 2nd mortgage held by Mortgage Vintage and to invest back into borrower’s video production company (Wholly Cow Productions). The…
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…
Real estate investor sought a new business purpose cash-out 2nd TD on this non-owner occupied investment property in Temecula, CA in Riverside County. Funds from our loan will be used to payoff an existing 2nd as well as for making improvements to the same property. The subject property is 1,973 SF ranch style SFR sitting…
Successful business owner is seeking a cash-out 2nd TD on this owner occupied SFR in Orange County. Proceeds from this loan will be invested into expanding the borrower’s company (Iconic Coatings Company – https://iconiccoatingscompany.com/home). Our subject property is a beautiful two-story SFR located in Huntington Beach and sits on a 7,440 sqft lot. The subject was built…
Borrower has personally invested a total of $432K “skin in the game” into subject property; including purchase down payment on property and remodeling expenses paid out of pocket to date. 23 years’ experience borrower with history of borrower’s Fix & Flip remodel successes in Investor Dropbox. Our loan will pay off an existing, current and…
Successful business owner sought a business purpose cash-out refi 1st TD on this owner occupied SFR in Fresno, CA. Borrower has a hard money 1st TD of $465,000 @ 7.5% which is in good standing. Funds from our loan will be used to payoff the current 1st TD which matures soon and also get him…
Longtime successful real estate investor sought a business purpose cash-out 2nd TD on this non-owner occupied SFR in San Francisco, CA. Proceeds from our 2nd position loan will be used to do normal ‘wear and tear’ improvements on all his investment properties so that he can maximize rental income. The borrower has a total of…
The purpose of this loan is to finish the build of 3 new ADU units on subject property, increasing its size from a 4 Unit to a 7 Unit residential rental property. Mortgage Vintage had an independent 3rd party conduct a Construction Feasibility Report that confirmed the Funds Control from this loan will complete the ADU…
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…
Successful repeat Mortgage Vintage borrowers sought a small 290K 2nd Trust Deed rate and term refinance loan on this owner occupied SFR in the “Turtle Rock” neighborhood of Irvine, Orange County, CA. The purpose of this loan is to refinance out of an existing business purpose 2nd TD with Mortgage Vintage which is current and maturing this…
22 + years as successful real estate investors sought a refinance + 100% Funds Control 1st Trust Deed on this commercial investment property in Palm Springs, Riverside County, CA. The purpose of this loan is for the current building owners to pay off an existing, current and in good standing $796K 1st TD and the balance of…
Successful, previous Mortgage Vintage borrower and experienced “fix & flip” and “fix & rent” real estate investor sought a 1st TD Purchase Loan on this non-owner occupied, SFR investment property in Twentynine Palms, San Bernardino County, CA. Borrower is bringing in $37,500K “skin in the game” cash to close plus investing additional personal funds and…
Successful business owner and real estate investor sought a small 200K 2nd Trust Deed business purpose cash out loan on this Fourplex (4 Unit) investment property near the “Beverlywood” neighborhood of Los Angeles, Los Angeles County, CA. The purpose of this loan is to pay off a current and in good standing 100K HELOC and the…
Very successful real estate investor and multiple businesses owner sought a 1st TD straight rate and term refinance on this non-owner occupied SFR investment property in Bakersfield, Kern County, CA. In addition to this investment property, borrower wholly owns $18M in market value in Schedule of RE portfolio with $10M Net Equity throughout Kern County,…
Borrowers sought a small 125K 2nd Trust Deed business purpose cash out loan on this owner-occupied SFR in Huntington Beach, Orange County, CA. Loan proceeds will be used to finance expanding sales and marketing activities for borrowers’ wholesale building products business that services local small to medium sized developers. The borrowers $498K 1st TD is a…
Longtime successful real estate investor and business owner sought a business purpose cash-out 2nd TD on this non-owner occupied 2-Unit in Woodland Hills, Los Angeles County, CA. Proceeds from our 2nd position loan will be used to expand his business, Homepro Remodeling and Construction, Inc. The property is comprised of a single family residence with…
Real estate investor sought a new business purpose cash-out 1st TD on this family-owned Owner Occupied tri-plex in Bellflower, CA in Los Angeles County. Funds from our loan will be used to allow one sibling to buy out the other two siblings on Title after the death of a parent. The borrower will be bringing…
Borrower sought a $120K 2nd Trust Deed bridge loan on this owner-occupied Condominium in Costa Mesa, Orange County, CA. The purpose of this loan is minor remodeling/updating to subject property (paint, carpet, modern fixtures); the property is currently listed for sale at $680k. The borrower’s small $194K 1st TD is a VA loan, 30 year @…
Successful repeat MVI borrower, 40+ years experienced real estate owner, general contractor and fix & flipper sought a Blanket business purpose cash-out 2nd TD on two SFRs investment properties in Temecula, Riverside County and Pico Rivera, Los Angeles County CA; blanket also includes a 3rd TD on borrower’s primary owner-occupied SFR in Montebello, Los Angeles, CA. All…