Closed! Hard Money Bridge Loan in Costa Mesa: $120,000 @ 10.50%

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 @…

Read more

Recently Funded Hard Money Blanket Loan in Temecula, Riverside

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…

Read more

Recently Funded Hard Money ADU Loan in Palmdale: $234,750

Borrowers sought a business purpose cash-out 2nd TD which will be used to build an ADU in the back of the property. The current 1st TD is conventional 30 year fixed with Wells Fargo, has a $178,000 balance, a 3.25% rate, and is in good standing. The subject property is a traditional 2,149 SF home…

Read more

Done Deal! Recent Hard Money Purchase in Willow Creek: $780,000

20 years + business owner/operator borrower sought a 1st Trust Deed to purchase this commercial and agricultural land subject property in Willows Creek, Humboldt County, CA. Borrower bringing $260K “skin in the game” towards down payment and seller is carrying a 2nd Trust Deed behind our 1st TD. Property appraised for $2.6M and Purchase Price is $2.6M. The…

Read more

Closed! Hard Money Construction Loan in Santa Ana: $825,000

Successful Mortgage Vintage Borrower, developer, and real estate investor and his partner sought a new business purpose 1st TD construction loan on this free and clear, permitted and entitled parcel in Santa Ana, CA. This funds controlled construction loan will allow the experienced and well known Developer to build a non-owner occupied investment property in…

Read more

Recently Funded Hard Money Loan in Newport Coast: $810,000

Business owner sought a business purpose cash-out 2nd TD of this owner occupied SFR in Orange County.  Proceeds from this loan will be invested into the borrower’s interior design business. Our subject property is a beautiful two-story SFR located in Newport Coast and sits on a 11,151 sqft lot.  The subject was built in 2001 and…

Read more