Property Listed For Sale in Malibu
Los Angeles-Area Hard Money Loan:
- Estimated Value: $2,795,000
- Loan Amount: $250,000
- Position: 2st
- Interest: 10.5%
- Term: 1 year guarantee of interest
This Malibu homeowner needed operating capital for his business. While the property was listed for sale we offered him a bridge loan of $250,000 in 2nd position. His current 1st mortgage was $1,486,786. We estimated the value of his home to be $2,795,000. We wrote him a 12 month loan with a 3 month prepay at 10.5%.
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.
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.