No Cash-Out Consumer Purpose Refinance - Image

No Cash-Out Consumer Purpose Refinance

Santa Barbara, CA

Loan Details

Loan Amount $1,400,000
Interest Rate 11.25%
Loan-to-Value 65.59%
Loan Position 2nd

Project Overview

Marquee Funding Group is proud to announce the successful funding of a $1,400,000 private money loan in Santa Barbara, California. This transaction demonstrates Marquee’s commitment to delivering flexible lending solutions that meet borrower needs while upholding conservative underwriting standards for investors.

The loan was backed by Marquee Capital Fund 1 and structured as a 2nd trust deed with a 65.59% loan-to-value (LTV) ratio. With an 11.25% interest rate, the deal balances attractive returns for investors with manageable terms for the borrower. The loan was categorized as a No Cash-Out Consumer Purpose Refinance, designed specifically to restructure existing obligations without introducing additional leverage.

In today’s financial environment, borrowers often face challenges when seeking refinancing through traditional lenders, who impose rigid underwriting standards and extended approval processes. Marquee Funding Group provides an essential alternative, offering private capital solutions that are not only timely but also tailored to unique borrower circumstances.

This transaction was originated by Alexandra Gadi, whose expertise ensured that the loan was structured to align with the borrower’s objectives while maintaining investor protections. Her ability to navigate the complexities of consumer refinance transactions underscores Marquee’s reputation for excellence in the private lending sector.

Property Location

Ready to Get Funded?

See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.