Marquee Funding Group recently funded a $400,000 loan for the purchase of an owner-occupied second single-family residence (SFR) in Pacific Palisades, California. This transaction highlights Marquee’s expertise in delivering flexible private money financing for borrowers with unique circumstances that fall outside the rigid criteria of traditional lenders.
The loan was structured with a 9.5% interest rate, a 68.85% loan-to-value ratio, and a 36-month term. With nearly 30% equity remaining in the property, this deal offered strong security for investors while enabling the borrower to secure financing quickly and efficiently.
Owner-occupied second homes often pose challenges for conventional financing. Lenders typically impose stricter requirements for income verification, reserves, and usage, which can delay or even derail a purchase. Marquee Funding Group bridges this gap by offering private money solutions that provide borrowers with timely access to capital while ensuring well-structured deals that protect investors.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.