Marquee Funding Group has successfully funded a $400,000 Consumer Cash-Out Refinance loan in Escondido, California. This transaction reflects our continued commitment to providing flexible private money solutions that allow borrowers to unlock equity and pursue new opportunities.
The loan was structured at a 46.59% loan-to-value (LTV) ratio, offering a conservative and secure position for our investors. The note carries an interest rate of 12%, and the collateral is secured in a 2nd lien position. Despite the junior position, the low leverage and strong property fundamentals made this an attractive and well-balanced financing solution.
Borrowers sought this loan under the Consumer Cash-Out Refinance category, using private funds as a way to access liquidity quickly without the delays and rigid guidelines of traditional lending institutions. Private capital enabled them to efficiently pull equity from their real estate while maintaining financial flexibility.
The deal was originated by Alexandra Kurzweil, who guided the transaction from start to finish, ensuring that borrower needs were met while structuring terms that align with investor protections.
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