Loan proceeds were used to pay off an existing 2nd TD & personal consumer debt - Image

Loan proceeds were used to pay off an existing 2nd TD & personal consumer debt

Belvedere, CA

Loan Details

Loan Amount $700,000
Interest Rate 11.75%
Loan-to-Value 54.52%
Loan Position 2nd

Project Overview

Marquee Funding Group Funds $700,000 Private Money Loan in Belvedere Tiburon, CA.

Marquee Funding Group has successfully closed a $700,000 private money loan in Belvedere Tiburon, California, showcasing its expertise in delivering tailored financing solutions to meet both real estate and personal financial needs.

The loan was structured in a 2nd trust deed position with a loan-to-value (LTV) of 54.52% and an interest rate of 11.75%. The primary objective of this loan was twofold: to pay off an existing 2nd trust deed and to consolidate personal consumer debt. By addressing both obligations, the borrower not only secured a stronger financial position but also took a meaningful step toward improving their credit scores, which will provide greater flexibility and opportunity for future financing.

Belvedere Tiburon, one of the Bay Area’s most exclusive communities, is known for its luxury real estate market and high-value properties. By maintaining a conservative LTV, Marquee structured the loan with both borrower benefit and collateral protection in mind, ensuring long-term stability for all parties involved.

This transaction highlights the advantages of working with a private money lender like Marquee Funding Group. Traditional banks often limit their lending capabilities when consumer debt or layered liens are involved. In contrast, Marquee’s speed, flexibility, and ability to evaluate the borrower’s broader financial picture allowed for a customized solution that met urgent needs while setting the borrower on a path toward stronger credit health.

With its ability to fund complex transactions quickly, Marquee continues to be the go-to private lender for clients who require creative financing strategies. This Belvedere Tiburon loan is another example of Marquee’s mission to provide solutions that not only preserve real estate assets but also empower borrowers to take control of their overall financial future.

Property Location

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