Marquee Funding Group recently closed a $315,000 private money loan in Long Beach, California, showcasing their ability to structure flexible funding solutions for unique borrower needs. This loan was originated by RJ Solovy and secured in a 1st trust deed position at a conservative 16.8% loan-to-value (LTV) with a 10% interest rate.
The transaction was structured as a cash-out refinance, allowing the borrower to tap into their property’s equity while maintaining a highly favorable LTV. With such a low leverage position, this deal provided a strong collateral cushion, making it an ideal fit for Marquee’s asset-based lending approach. The borrower sought to unlock capital quickly without the lengthy approval process and restrictive requirements often encountered with conventional lenders.
Marquee Funding Group specializes in funding private money loans for a wide range of property types and scenarios, and this Long Beach deal is a prime example of their speed and creativity. By leveraging their in-house underwriting and closing teams, Marquee was able to move this refinance from approval to funding with efficiency—helping the borrower access liquidity while preserving long-term equity growth in their property.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
