Recently Funded Hard Money Loan in Newberry: $110,000 @ 11.00%, 1st TD, Cash-Out, Single Family Residence

Credit score borrower and real estate investor sought a business purpose cash-out 1st TD on this owner occupied SFR property in Newberry Springs, CA in San Bernardino County.  Funds from our loan will be used to fix up another investment property which a duplex located at 31411 Newberry Road, Newberry Springs, CA. Borrower owns at…

Closed! Hard Money Construction Loan in Spring Valley, San Diego: $495,000 @ 13.50%, 1st TD, Land, Cash-Out, 60.00% LTV

25 years + very experienced licensed general contractor, real estate investor and home developer throughout the San Diego County area sought a 1st Trust Deed to build an investment SFR in Spring Valley, San Diego County, CA; 13 miles east of downtown San Diego. As soon as complete, the borrower will sell property for profit and…

Done Deal! Hard Money Loan in Santa Ana: $325,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 53.05% CLTV

Business owner sought this business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Santa Ana,Orange County, CA.  100% of the loan proceeds will be used to towards the borrower’s business, Harbor Sofas and Mattresses, to increase sales. Borrower states that he recently partnered with Wayfair to help expand his furniture business.  The…

Recently Funded Hard Money Loan in Costa Mesa; $230,000 @ 11.00%, 2nd TD, Cash-Out, Single Family Residence, 52.02% CLTV

Successful repeat Mortgage Vintage borrower and long-time successful business owner sought a rate/term refinance 2nd TD on this owner-occupied SFR in Costa Mesa, Orange County, CA. Mortgage Vintage originated the current 2nd TD loan for this borrower last year and it has since matured. This new loan will payoff our existing business purpose loan and…

Closed! Hard Money ADU Loan in Costa Mesa: $500,000 @ 11.75%, 2nd TD, Cash-Out, Single Family Residence, 64.00% CLTV

Experienced real estate investor, developer and successful Mortgage Vintage Fix and Flip borrower sought a 2nd TD business purpose cash-out on this SFR + 2 ADU’s investment property in Costa Mesa, CA.  Funds from our loan will be used to build a third ADU ($200k) and will be held in Funds Control and the remainder…

Recent Hard Money Transaction in Stevenson Ranch: $155,000 @ 13.50%, 2nd TD, Cash-Out, Condo, 60.13% CLTV

Business owner sought a $155,000 business purpose 2nd Trust Deed loan on this non-owner-occupied condo residence in Stevenson Ranch, Los Angeles County, CA.  The loan proceeds will be used towards the Borrower’s business, Digital Interiors (digitalinteriors.com), to purchase office equipment and software to improvement automation and revenue.  The parent company of Digital Interiors is B&W…

Done Deal! Hard Money Loan in Chino: $115,000 @ 12.00%, 2nd TD, Cash-Out, Single Family Residence, 60.01%

CEO/Owner of Metal Builders Group and real investor sought a small $115,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Chino, San Bernardino County, CA.  The loan proceeds will be used on upgrades to borrower’s other commercial investment property in Los Angeles, CA. The borrower’s 1st mortgage has a principal balance of…

Recently Funded Hard Money Loan in Ojai: $775,000 @ 11.50%, 1st TD, Cash-Out, Single Family Residence, 37.80% LTV

Real estate investor sought a $775K 1st Trust Deed business purpose cash out loan on this “Free and Clear” (no existing debt) non-owner-occupied investment rental SFR property in Ojai, Ventura County, CA.  The purpose of this loan is to use funds to invest in other real estate investment rental properties to add to borrower’s existing Schedule…

Closed! Hard Money Loan for Commercial Hotel in Sierra City: $337,500 @ 12.00%, 1st TD, Cash-Out, 50.00% LTV

Borrower has invested $450K “skin in game” in full renovation and remodel since purchase of property in 2019. In addition to this income generating hotel property, borrower owns a successful Harley Davidson restoration company. Borrower able to make payments through multiple financial sources. Successful business owner and real estate investor sought a $337,500 1st Trust Deed…

Done Deal! Hard Money Loan in Santa Ana: $2,200,000 @ 9.25%, 1st TD, Cash-Out, Mixed-Use, 45.08% LTV

Successful Mortgage Vintage Borrowers and Real Estate Developers sought a business purpose cash-out 1st TD on this non-owner mixed-use property in Santa Ana, Orange County, CA. Funds from our loan will be used to: 1) payoff an existing 1st and 2nd mortgage that are both in good standing; 2) start construction on another investment property owned by the…

Recently Funded Hard Money Loan in Costa Mesa: $245,000 @ 12.99%, 2nd TD, Cash-Out, Detached, 58.87% CLTV

Business owner sought a $245K 2nd Trust Deed business purpose loan on this owner-occupied SFR in Costa Mesa, Orange County, CA.  100% loan proceeds will be used for investment opportunities. The borrower’s 1st mortgage has a principal balance of $800,000 with a fixed interest rate of 4.25%, maturing November 2061 and a payment of $2,833/mo. The…

Closed! Hard Money Blanket Loan in Long Beach: $1,460,000 @ 10.00%, 1st TD, Cash-Out, 8 Unit Multi-Family, 52.14% LTV

Successful wage earner and real estate investor sought a short-term $1,460,000 blanket 1st Trust Deed cash-out refinance on these two non-owner-occupied multi-family rentals in Long Beach, Los Angeles County, CA. The borrower is currently going through a divorce which is to be finalized in the next couple months. He has been ordered to pay his…

Recently Funded Hard Money Loan in Pacific Palisades: $650,000 2nd TD @ 12.00%, 46.86% CLTV, Cash-Out, Single Family Residence

Business owners sought a $650,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Pacific Palisades, Los Angeles County, CA.  Loan proceeds will be used to 1) payoff an existing 2nd mortgage; 2) payoff some tax liens; and 3) will be used towards the Borrower’s Biotechnology Business’ (Aicher, Inc. et. al).  In…

Done Deal! Hard Money Loan in Los Angeles: $950,000 @ 14.00%, Single Family Residence, Cash-Out, 58.93% CLTV

Successful real estate investor, business owner and repeat MVI borrower sought a $1,000,000 2nd Trust Deed business purpose cash out refinance loan on this owner occupied, SFR estate located in the desirable high-end “Brentwood” neighborhood, bordering Bel Air and Pacific Palisades in Los Angeles, CA. The purpose of this loan is to pay off an existing…

Recently Funded Hard Money Loan in Irvine: $275,900 @ 12.00%, 2nd TD, Single Family Residence, Cash-Out, 62.50% CLTV

Successful business owners sought a small $275,900 2nd Trust Deed business purpose cash out loan on this fully renovated condominium in the desirable “Sea Island” guard gated community in Newport Beach, CA. 100% of the loan proceeds will be used to expand borrowers’ business consulting business. The borrowers’ 1st mortgage is current and in good standing…

Closed! Hard Money Loan in Millbrae: $250,000 @ 11.00%, 2nd TD, Single Family Residence, Cash-Out, 46.85% CLTV

Business owners sought a $250,000 business purpose 2nd Trust Deed loan on this owner-occupied single-family residence in Millbrae, San Mateo County, CA.  100% of the loan proceeds will be used to upgrade and expand the borrowers’ snack and beverage vending machine business. The borrower expects to see an significant increase in revenue and profitability by…

Recent Hard Money Transaction in Los Angeles: $334,640 @ 13.50%, 2nd TD, Duplex, Cash-Out, 59.00% CLTV

Successful Mortgage Vintage borrower and business owner sought a Blanket $334,658 2nd Trust Deed cash-out loan on these three non-owner-occupied duplexes in Los Angeles, Los Angeles County, CA.  The loan proceeds will be used to help the borrower payoff another investment property in his real estate investment portfolio. The three separate 1st mortgages are all with…

Recently Funded Hard Money Loan in Tustin: $195,000 @ 13.50%, 2nd TD, Single Family Residence, Cash-Out, 63.69% CLTV

Successful business owners sought a small $195K 2nd Trust Deed business purpose cash out loan on this beautiful SFR in Tustin, CA. 100% of the loan proceeds will be used to upgrade and expand borrowers’ Investment Banking Company, Teleios Capital Group LLC. https://www.teleioscapital.com The borrowers’ 1st mortgage is current and in good standing with a principal balance…

Recently Funded Hard Money Loan in Barstow: $110,000 @ 14.50%, 1st TD, Cash-Out, Detached Home, 57.89% LTV

Real Estate Investors and Business Owners sought a business purpose cash-out 1st TD on this ‘Free and Clear’ investment property in Barstow, San Bernardino County, CA. The subject property is a manufactured home on a permanent foundation (433a Certification on file) and has a tenant moving out at the end of the month. 100% of…

Done Deal! Hard Money Loan in Mount Shasta: $64,500 @ 13.25%, 2nd TD, Cash-Out, Single Family Residence, 62.50% CLTV

Business owner and borrower sought a small $64,500 2nd Trust Deed business purpose loan on this fully remodeled, owner-occupied SFR in Mount Shasta, CA.  100% loan proceeds will be used for online marketing for borrower’s life coach consulting business. The borrower’s 1st mortgage has a principal balance of $348,000 with a fixed interest rate of 4.137%,…

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…

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…

Done Deal! Hard Money Loan in Newport Beach: $500,000 @ 10.50%, 2nd TD, Cash-Out, Single Family Residence, 55.51% CLTV

Successful real estate investor and business owner sought a $500,000 business purpose 2nd Trust Deed loan on this non-owner occupied SFR investment property in Newport Beach, CA. The borrower is the Founder and CEO of Ducere Global Business School and will be using the loan proceeds for working capital and business expansion. Ducere currently has offices in the…

Recently Funded Hard Money ADU Loan in Santa Barbara: $340,000 @ 13.25%, 2nd TD, Cash-Out, Single Family Residence, 58.21% LTV

High FICO real estate investor and successful business owner sought a $340,000 business purpose 2nd Trust Deed loan on this owner-occupied SFR in Santa Barbara, CA. The borrower was recently awarded an investment property in a divorce which has a few code violations that need to be repaired.   To confirm, our subject property is the Owner…