Marquee Funding Group has successfully funded a $8,000,000 cash-out refinance loan secured by a luxury property in Meeks Bay. This transaction highlights Marquee’s expertise in structuring large-scale private money loans that provide borrowers with liquidity and flexibility, while offering investors strong security and risk-adjusted returns.
The refinance was structured with an interest rate of 10.75%, a loan-to-value ratio of 61.22%, and secured in a 2nd lien position. Despite being a second-position loan, the conservative LTV ensures significant borrower equity remains in the property, offering a solid collateral cushion that protects investors.
Cash-out refinances are often used by high-net-worth individuals to unlock equity for a wide variety of purposes—from funding new investments to financing renovations or consolidating other obligations. In this case, Marquee tailored a structure that delivered the liquidity the borrower needed while maintaining strong underwriting standards.
Traditional banks frequently hesitate to provide second-position financing, especially at high loan amounts, leaving borrowers with limited options. Marquee Funding Group specializes in filling this gap, offering creative private money solutions that meet unique borrower circumstances without the extended timelines or rigid requirements of conventional lenders.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
