2nd trust deed on a primary residence for debt consolidation

Marquee Funding Group is proud to announce the successful funding of a $900,000 private money loan in Los Angeles, California. This transaction demonstrates how private lending can provide critical financial solutions that traditional institutions often cannot match, especially when borrowers need speed, flexibility, and creative structuring.

The loan was structured as a 2nd trust deed on a primary residence and was designed specifically for debt consolidation. By leveraging private capital, the borrower was able to consolidate obligations into a single, manageable loan while unlocking equity from their property. This structure not only simplified the borrower’s financial picture but also provided immediate relief and access to liquidity.

With a 54.91% loan-to-value (LTV) ratio, the deal was conservatively underwritten, offering strong collateral coverage and security for investors. The note carries an 11.5% interest rate, providing attractive returns while ensuring the borrower’s needs were met in a timely and efficient manner.

The loan was originated by RJ Solovy and Jackie Astman, whose expertise and collaborative approach ensured a seamless process from start to finish. Their ability to navigate complex borrower requirements while balancing investor protections reflects Marquee Funding Group’s ongoing commitment to excellence in private money lending.