Self-employed borrower was seeking a Business Purpose Cash-Out loan to invest in machine tools and precision measuring devices for their business located in Orange County.
Subject is a tri-level condo located in beautiful Newport Beach, California in the Newport Crest community. The Property measures 1,934 sf of gross living area with 4 bedrooms and 2.5 bathrooms. The Property is within walking distance of the beach close to Fashion Island, Hoag Hospital, and close to entertainment and local amenities.
Recent Transaction – $60,000 Business Purpose, Newport Beach, CA
