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A hard money Working Capital loan closed on an income producing property in Lake Elsinore, CA 92530.
This cash-out refinance loan against an investment SFR dwelling provided improvement capital for the Church's religious operation that involved the expansion of existing church facilities with room additions.
Lake Elsinore is a natural freshwater lake in Riverside County, California, located east of the Santa Ana Mountains and fed by the San Jacinto River. ... Originally named Laguna Grande by Spanish explorers, it was renamed for the town of Elsinore, established on its northeastern shore on April 9, 1888.
Residential SFR
Refinance, Cash-out
Purpose – Working Capital
Loan-to-Value (As Is): 45%
First Trust Deed
60 Month Term
Principle and Interest Payments
Riverside County, CALIFORNIA
PRINCIPAL AMOUNT: $200,000.00
For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 ext. 102 or visit our:www.hanovermc.com