Marquee Funding Group is excited to announce the successful funding of a $1,245,000 private money loan in Los Angeles, California. This refinance highlights the adaptability of private lending to meet real-world borrower needs while maintaining investor security through conservative underwriting.
The loan was structured as a 1st trust deed with a 62.25% loan-to-value (LTV) ratio and carries an 11.99% interest rate. Proceeds from the loan were applied toward paying off the borrower’s existing 1st trust deed and an existing private money loan, consolidating obligations into a single, streamlined financing solution. This allowed the borrower to simplify their financial structure and access liquidity efficiently.
Traditional lenders often face limitations when it comes to refinancing complex structures or multiple liens. By leveraging private capital, Marquee was able to design a solution that provided immediate results while protecting investors through a secured first-position lien and conservative leverage.
The transaction was originated by Eric Baehr, whose expertise in structuring complex refinancing deals ensured a smooth and successful funding process. His ability to balance borrower objectives with investor safeguards underscores Marquee Funding Group’s reputation for excellence in private lending.
This Los Angeles transaction showcases the critical role of private money in today’s lending environment. With its ability to move quickly, customize terms, and provide borrower-focused solutions, Marquee Funding Group continues to bridge the gap between traditional financing and real-world borrower needs.
See how we can help with your next real estate investment opportunity. Our experienced team is ready to provide competitive rates and fast approvals.
