Cash-out Loan Archives

Loan Closings

Hard Money Loan Closed in Clearlake, California

A hard money Blanket loan closed on an income producing property in Clearlake, CA 95422. This cash-out refinance loan against an investment property (an improved lot with two detached SFR dwellings and Vacant lot) provided investment capital to buy investment property. Geologists believe that Clear Lake may be the oldest lake in North America, with lakes existing at its site for approximately 2.5 million years. Clear Lake was born when a huge landslide dammed the headwaters of Cold Creek, blocking westward water flow into the Russian River. Water filled the level valley. The rising waters eventually found an outlet in

G. David Lapin October 29, 2020 No Comments

Loan Closings

Hard Money Loan Closed in Lake Elsinore, California

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 borrower’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. Source: Wikipedia Here are the

G. David Lapin October 16, 2020 No Comments