Malibu Condo

Malibu Condo

Loan Amount: $420,000 Rate: 5.99% Appraisal Value: $ 1,025,000 Term: 24 months Lien Position: First This is the second loan we have to this borrower; a well-established developer in Southern California. The condo was an all-cash acquisition in a short sale...
San Diego Rental Property

San Diego Rental Property

Loan Amount: $207,000 Rate: 5.99% Appraisal Value: $ 460,000 Term: 36 months Lien Position: First This is the second of the 2 homes in College Heights we financed for this borrower. This borrower couldn’t get conventional financing and needed funds fast to...
Pacific Palisades Condo

Pacific Palisades Condo

Loan Amount: $209,000 Rate: 7.5% – 8.99% step rate Appraisal Value: $349,000 Term: 24 months Lien Position: First This transaction was referred to us by a colleague of ours in Southern California. The property was vested in a Trust and, for various reasons,...
East Bay Investment Property

East Bay Investment Property

Loan Amount:  $470,000 Rate:  7.99% Appraisal Value:  $ 970,000 Term: 24 months Lien Position: First These out-of-state borrowers had an accepted offer on this newly renovated investment property in East Bay and, at the pace of conventional financing, time was running...
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