732 fico score borrower, real estate investor and long-time business owner was seeking a cash-out 2nd TD on this beautiful new Laguna Beach property. Proceeds from this loan were used for ongoing marketing expenses for this same property.
Our subject property is a beautiful stunning SFR situated on a corner lot in Laguna Beach. The subject was built in built in 1979 and re-built in 2018. Subject has 3,542 sqft of living space with 12 total rooms – 5 bedrooms, 4 baths and 2-car attached garage. The home is located just a few minutes from Pacific Coast Hwy and downtown Laguna Beach, as well as, shopping, dining, beaches and schools.
Recent Transaction – $250,000 Business Purpose Cash Out, Laguna Beach, CA