Investment Property in Palm Springs

Loan Terms

Estimated Value: $590,000
Loan Amount: $150,000
Position: 2st
Interest: 10.5%
Term: 1 year guarantee of interest
Details:
The borrower and his husband owned an investment property in Palm Springs worth $590,000. They owed $242,000 on their 1st Mortgage. They requested a $150,000 2nd in order to buy a studio unit in New Orleans. One of our investors provided the funds at 10.5% for 12 months.

Please contact Judy at 800-571-0887 Extension 2 to inquire about Trust Deeds currently in need of funding. Keep in mind, all loans in this section have already been placed with investors. They are listed here to demonstrate the wide range of loans we offer.

Contact Us

Call 800-571-0887 or fill out our web form for a call back. If you prefer, you can visit our Los Angeles Hard Money Loan office for an in person meeting today.

Disclosures: **Per FDIC Regulations Section 6500, Part 226, Subpart C, 226.24. The amount of each payment that will apply over the term of the loan is based on simple annual interest applied to the unpaid balance. Loans range from 1 day to 60 months, are interest only and include a balloon payment due at term. Finance charges apply. Payments do not include amounts for property taxes or insurance premiums. This is not a commitment to lend. Rates and points are subject to change without notice. California Hard Money Direct makes first lien mortgage loans and second lien mortgage loans in California Only.

Broker License ID: 01384244
NMLS #348736

We are comprised of experienced, knowledgeable and dedicated professionals with expertise in every area of private and institutional real estate financing and hard money mortgages in California.

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1-800-571-0887

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