A hard money loan recently closed on a bank owned REO property in Santa Ana, CA.  The loan financed the purchase of an investment property for a real estate investor. The property needs repairs estimated at $30,000 and will be made from borrower funds. Upon renovation, the property will be marketed for sale.

Here are the loan details:

  • Purchase – REO
  • Purpose – Fix & Flip
  • Loan-to-Value: 75% “AS IS” Value
  • First Trust Deed
  • 60 Month Term
  • Principal & Interest Payments
  • Orange County, CALIFORNIA
  • PRINCIPAL AMOUNT: $340,000.00

For more information on our Hard Money Loans or Trust Deed Investments, call our office at 714.838.1474 or visit our:

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