The borrower purchased a condominium in Tustin, California for $390,000.
Located in a prime market, this charming single-family home boasts 4 bedrooms, 2.5 bathrooms and 1,392 sq. ft. of living space.
The buyer is an experienced real estate investor and put down $130,000 to do a full remodel on this residential condo.
Crescent Lenders has arranged a handful of private money loans for the family of the buyer and have always had an excellent payment experience.
This property is located in a good market and the borrower is experienced fix-and-flipper with a successful track record.
Additionally, the borrower’s down payment of 33% puts us in line for a good loan-to-value of 66%.
This hard money loan was financed based on the collateral and equity position.
Crescent Lenders is a top rated private money lending company providing loans around The Orange County area.
We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.
Whether you require assistance with refinancing a hard money loan for an office building in Irvine or if you seek additional details about our probate loans, our team of experts with extensive knowledge and experience can provide the necessary guidance and support.
Discover more about how our services and how we can help you obtain a hard money loan in Orange County.
Suite #116, 999 Overland Ave
Los Angeles, California