Marquee Funding Group has successfully funded a $3,200,000 private money loan in the exclusive Hidden Hills community, showcasing their ability to deliver swift, creative financing for complex real estate scenarios. The loan carried an 11% interest rate at 64% loan-to-value (LTV) and was secured in a 1st trust deed position, with Maxwell Stone serving as the loan originator.
The borrower sought immediate capital to address several pressing financial obligations and kickstart a new construction project. The loan proceeds were used to pay off an existing $2.8 million first trust deed, clear delinquent property taxes, and secure new permits needed to initiate the construction process on the property’s land. By leveraging private financing, the borrower was able to restructure their debt and move forward without the delays often associated with traditional bank financing.
This transaction highlights Marquee Funding Group’s expertise in tailoring custom lending solutions for time-sensitive and nontraditional real estate deals. Their private money programs are designed to serve experienced investors and developers who need to unlock equity or resolve title and tax complications quickly in order to seize new opportunities.
Hidden Hills is one of Southern California’s most coveted residential markets, known for its luxury estates and high property values. The strategic use of this $3.2 million loan not only stabilized the borrower’s position but also positioned the property for significant value creation as construction begins.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
