Business Purpose Cash-Out Refinance on a Luxury Single Family Residence

Marquee Funding Group Closes $3,300,000 Business Purpose Cash-Out Refinance in Indian Wells

Marquee Funding Group recently funded a $3,300,000 business purpose cash-out refinance, originated by Scot Fine, on a luxury single-family residence in Indian Wells, CA. This transaction highlights Marquee’s ability to structure private money loans that balance both borrower flexibility and investor security, even in a 2nd trust deed position.

The borrower sought capital for business purposes and leveraged the equity in their high-value residence to access the funds. With an LTV of just 57%, the deal was secured with substantial protective equity, ensuring strong collateral coverage. This conservative leverage, paired with a highly qualified borrower, supported the loan’s favorable 9.5% interest rate—notably lower than typical pricing for a second-position loan.

Indian Wells is one of the Coachella Valley’s premier luxury markets, known for its exclusive communities, golf courses, and year-round demand for high-end real estate. Securing a loan in such a stable and desirable location provided additional confidence to investors, making this deal both attractive and well-protected.

By offering financing at a competitive rate despite the junior lien position, Marquee Funding Group once again demonstrated its ability to craft tailored lending solutions that meet borrowers’ needs while protecting investor capital. The deal exemplifies Marquee’s philosophy of analyzing each opportunity holistically—considering not only lien position but also borrower strength, asset quality, and market stability.

This successful closing reinforces Marquee’s role as a trusted partner for borrowers seeking capital outside of traditional lending channels and for investors looking for secured, high-yield opportunities in prime California real estate.