2nd lien on our existing 1st
Loan Amount: $225,000.00 Rate: 11.00% Appraisal Value: $525,000.00 & $900,000.00 Term: 18 months Lien Position: Second The rare instance that we made a second lien loan is when we have the first. In this case, our borrower needed $225,000 and had ample equity,...
Thousand Oaks Quick Cash-out
Loan Amount: $300,000 Rate: 7.99% Appraisal Value: $672,000 Term: 12 months Lien Position: First Our borrower purchased this investment property with cash. Like many of our investors, cash offers are used to get more favorable purchases. We were able to cash him out...
SFR on 2 Acres in Highland CA
Loan Amount: $120,000.00 Rate: 8.85% Appraisal Value: $214,000.00 Term: 24 months Lien Position: First This borrower had a loan maturing. We were able to provide a mid-term bridge loan, allowing ample time, while she prepared for long term conventional...
Partial Remodel in Eureka, CA
Loan Amount: $105,000.00 Rate: 8.99% Appraisal Value: $105,000.00 Term: 12 months Lien Position: First Here is a great example of a relationship with a past client. Our borrower was buying a partially completed remodeled house. He asked if we could finance the house...
