Recently Funded Properties

Unentitled land purchase loan to peruse drive through entitlements

Loan Amount: $1,825,000
Interest Rate: 12%
Loan-to-value: 50%
Loan Position: 1st
Location: San Fernando,CA

Purchase and construction loan for a flip

Loan Amount: $1,800,000
Interest Rate: 10.5%
Loan-to-value: 64.28%
Loan Position: 1st
Location: Beverly Hills, CA

Malibu Mid-Construction Loan

Loan Amount: $1,350,000
Interest Rate: 8.5%
Loan-to-value: 49.06%
Loan Position: 1st
Location: Malibu, CA

Cashout for business purposes in West Hollywood

Loan Amount: $1,100,000
Interest Rate: 12%
Loan-to-value: 64%
Loan Position: 2nd TD
Location: West Hollywood, CA

Loan proceeds to reimburse funds to purchase another subject property

Loan Amount: $1,000,000
Interest Rate: 12%
Loan-to-value: 64.87%
Loan Position: 2nd TD
Location: Beverly Hills, CA

Borrowers business and to pay off the existing 1st TD

Loan Amount: $850,000
Interest Rate: 10.5%
Loan-to-value: 62.72%
Loan Position: 1st
Location: Rancho Cucamonga, CA

Purchase Transaction to Complete a 1031 Exchange

Loan Amount: $750,000
Interest Rate: 11.25%
Loan-to-value: 57.69%
Loan Position: 1st
Location: Ventura, CA

Owner-Occupied Refinance

Loan Amount: $1,135,000
Interest Rate: 10.625%
Loan-to-value: 66%
Loan Position: 1st
Location: Los Angeles, CA

Cash-out for investment property purchase

Loan Amount: $1,975,000
Interest Rate: 12%
Loan-to-value: 58%
Loan Position: 1st TD
Location: San Fernando, CA

Beverly Hills Business Purpose Cash Out Refinance

Loan Amount: $3,300,000
Interest Rate: 13%
Loan-to-value: 65%
Loan Position: 2nd TD
Location: Beverly Hills, CA

Refinance on an existing note maturity

Loan Amount: $15,000,000
Interest Rate: 10.5%
Loan-to-value: 60%
Loan Position: 1st TD
Location: Malibu, CA

refi/debt consolidation loan to pay off an existing maturing 1st TD

Loan Amount: $3,490,000
Interest Rate: 10.875%
Loan-to-value: 66.48%
Loan Position: 1st TD
Location: Venice Beach, CA