Marquee Funding Group is proud to announce the successful funding of a $650,000 private money loan in Montecito, California. This transaction highlights the flexibility and strength of private money lending in providing borrowers with tailored financing while ensuring secure opportunities for investors.
The loan was structured with a 45.14% loan-to-value (LTV) ratio, offering a conservative equity position that minimizes risk exposure. It carries an interest rate of 11.5% and was secured in a 2nd lien position. Despite its junior lien status, the low leverage ratio provides significant collateral coverage, making the deal attractive to investors while still meeting the borrower’s liquidity needs.
This loan was originated by Scot Fine, whose experience and deal structuring expertise ensured a smooth process and alignment between borrower goals and investor protections. By leveraging Marquee Funding Group’s proven model, Scot facilitated a financing solution that balanced security with opportunity.
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