Marquee Funding Group recently closed a $1,260,000 purchase money loan, providing strategic financing for an investment property located in Santa Barbara, California. This private money loan reflects Marquee’s continued commitment to helping investors secure timely funding in competitive markets where conventional lenders often fall short.
The deal was structured at a 10% interest rate with a 70% loan-to-value ratio, secured in a 1st lien position. This conservative LTV gives both the borrower and investor strong confidence in the deal while ensuring sufficient equity remains in the property. The 1st lien position further strengthens security, giving investors top priority in repayment.
Santa Barbara’s real estate market remains highly desirable, with limited supply and consistently strong demand from both primary and investment buyers. This transaction highlights how private money lending can move quickly to capitalize on opportunities in markets where speed and flexibility matter most.
Unlike traditional banks, Marquee specializes in tailoring creative loan solutions for unique borrower scenarios. Whether an investor needs fast-close financing, flexible underwriting, or higher loan amounts not available through conventional lenders, Marquee Funding Group steps in to provide the necessary capital. In this case, securing the property in Santa Barbara required a private money structure that aligned with the borrower’s investment strategy and timeline.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
