Recently Funded Hard Money Loan in Santa Ana, CA for $384,000.00

Successful MVI borrower and real estate investor/flipper was seeking a business purpose purchase loan to fix-and-flip this SFR in Orange County.  Borrower purchased property for $55,000 under BPO “As-Is” value. Subject is a bi-level SFR sitting on a large 6,762 sf lot.  The home is 1,831 sf and features 6 rooms with 2 BR and 1 BA, fireplace, deck and backyard. Property also features an additional building that was a … Continue reading

Recently Funded Hard Money Loan in Hemet, CA for $100,750.00

Real estate investor and full time wage earner was seeking a cash-out 1st TD on this non-owner occupied property in Hemet, CA.  Loan proceeds will be used to make upgrades and repairs to the subject property. The subject property is a single-story, ranch style SFR sitting on a 4,791 sqft lot in Hemet in Riverside County.  The home is 1,014 sqft with 3 rooms and 2 bedrooms and 1 bath … Continue reading

Recently Funded Hard Money Loan in Garden Grove, CA for $110,000.00

Foreign National real estate investor and business owner was seeking a cash-out blanket 2nd TD on these two non-owner occupied Garden Grove properties to invest into his pharmacy business, The Chief Corner Stone. Loan proceeds were used for inventory, marketing and operating expenses. The two subject properties are in the same complex and are model matches. Each unit is a single-story condo with 1,343 sqft.  Both units offer 6 rooms … Continue reading

Recently Funded Hard Money Loan in Laguna Beach, CA for $177,500.00

Real estate investor, business owner and 765 FICO score borrower was seeking a cash-out 2nd TD on this owner occupied Laguna Beach property to invest back into his wireless telecom business, Saturn Holdings Limited, a Cambodian based company. The subject property is a single-story, SFR sitting on a 5,000 sqft lot in a prime Laguna Beach location.  Subject is a 1,594 sqft classically styled cottage with 7 rooms and features … Continue reading

Recently Funded Hard Money Loan in Santa Ana, CA for $79,000.00

Real estate investor, 684 credit score borrower and full time wage earner with over 13 years at current employer as a medical assistant was seeking a cash-out 2nd TD on this non-owner occupied Santa Ana property.  Loan proceeds will be used to make upgrades and repairs to the subject property. The subject property is a single-story, bungalow style SFR sitting on a 5,508 sqft lot in Santa Ana.  The home … Continue reading

Recently Funded Hard Money Loan in San Diego, CA for $310,000.00

Real Estate Investor and 15-year employee with the City of San Diego was seeking a business purpose cash-out 1st TD of this non-owner occupied SFR.  The property owner inherited this San Diego home in May, 2017.  The loan proceeds will be used to help prepare the home for sale, payoff existing 1st and 2nd, acquire an investment property in the Temecula area and pay property taxes. Subject is two-story SFR … Continue reading

Recently Funded Hard Money Loan in Los Angeles, CA For $425,100.00

Real estate investor and self-employed borrower was seeking a business purpose cash-out refinance to payoff existing 1st TD and make improvements to the property. Subject is a 2-story, 4-unit multi-family property located in Los Angeles.  Property measures 2,810 sf of gross living area, and is situated on a 4,996 sqft lot. Property consists of two 1 bedroom units of 576 sqft that are rented for $1,100/month. The other two units … Continue reading

Recently Funded Hard Money Loan in San Rafael, CA for $260,000.00

Recently retired 766 & 715 fico score borrowers were in the process of selling their long time primary residence to buy a retirement home in the state of Washington. To accomplish this move, the borrowers needed a 2nd TD Bridge Loan for the downpayment of their new residence. The subject property is a two-story, SFR sitting on a 17,550 sqft lot in a beautiful San Rafael location in Marin County.  … Continue reading

Recently Funded Hard Money Loan in Santa Monica, CA for $126,000.00

Business owner and 17-year property owner was seeking a business purpose cash-out 2nd TD on this owner occupied condo in Santa Monica to invest back into her casting agency, AYC Casting, LLC. Subject property is a single-story condo in a two story building.  Subject is 874 sqft with 2 BR/1 BA and a detached 1-car garage and 1 additional parking space.  Property is conveniently located near the 10 FWY. There … Continue reading

Recently Funded Hard Money Loan in Costa Mesa, CA for $710,000.00

Real estate investor, 11-year full-time employee with the same company and 679 credit score borrower was seeking a business purpose cash-out refinance 1st TD to make improvements to this non-owner occupied investment property. Subject property is a two-story, SFR located in Costa Mesa at the end of cul de sac. The subject is 2,413 sqft with 7 total rooms with 4 bdrm/2 bath and featuring a fireplace, open kitchen, patio … Continue reading