Venice Rate and Term Refinance

Marquee Funding Group Secures $2,030,000 Rate and Term Refinance in Venice

Marquee Funding Group is proud to announce the successful closing of a $2,030,000 private money refinance in Venice, California. This transaction, originated by Max Stone, provided the borrower with a rate and term refinance, allowing them to restructure their existing debt under improved terms while maintaining strong equity in the property.

The loan was structured with a loan-to-value (LTV) ratio of 49.51%, highlighting the conservative approach taken to ensure long-term stability for both the borrower and the lender. Positioned in a 1st trust deed, the loan carries an interest rate of 10%, offering competitive terms in the private lending space while aligning with the borrower’s needs for flexibility and speed.

Refinances of this type are often critical for borrowers who wish to replace their existing loan without pulling out additional cash but instead focus on securing better repayment structures. In this case, Marquee Funding Group was able to deliver certainty of execution and a tailored solution that traditional lenders may not have been able to provide.

By focusing on efficiency and borrower-centered structuring, Marquee ensured that the client could move forward confidently, knowing their financing was locked in with a reliable private lender. The Venice property provided strong collateral coverage, further supporting the security of the loan.

This transaction reflects Marquee Funding Group’s continued commitment to providing customized private money loans across California. Whether for purchases, refinances, construction, or bridge loans, Marquee continues to stand out as a go-to lender for borrowers needing fast, flexible, and asset-backed financing solutions.