Marquee Funding Group is pleased to announce the successful funding of a $485,000 cash-out refinance loan in Los Angeles, California. This transaction underscores the power of private money lending in providing borrowers with timely access to capital while maintaining secure, investor-friendly structures.
The loan was backed by Marquee Capital Fund 1 and structured as a 1st trust deed with a conservative 37.02% loan-to-value (LTV) ratio. This low leverage provides a significant equity cushion, reinforcing investor confidence and ensuring the long-term stability of the investment. The note carries a 10% interest rate, balancing affordability for the borrower with attractive returns for fund investors.
The purpose of this loan was a cash-out refinance on an investment property, enabling the borrower to access equity for new financial opportunities. Traditional lenders often move slowly or impose rigid underwriting standards, but private money solutions like this one allow for speed, flexibility, and customized terms tailored to the borrower’s specific situation.
This deal was originated by RJ Solovy, whose expertise in structuring real estate financing solutions ensured a smooth process from application to funding. By leveraging his experience and Marquee’s established underwriting model, the borrower received a tailored solution that aligned with both short-term liquidity needs and long-term asset planning.
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