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Stonecrest Financial

Bridge Loans + Line of Credit in 1st or 2nd Position Secured by CA Property

$250,000 - $10,000,000
7.99% - 10.99%
1.50% - 3.00%
70%
75%
3 to 36 months
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  • Videos on profile
  • PLL has personally met with this company
  • Recieved positive reviews
  • Has a unique offering
  • Deserves recognition

Noah (formerly Patch Homes)

A faster way to access your home equity

$30,000 - $350,000
80%
84 to 120 months
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  • PLL has personally met with this company
  • Has a unique offering
  • Residential properties only

Nationwide Mortgage

4 Billion in loans funded. NMLS 32417. CA BRE 01247594.

$150,000 - $5,000,000
60 to 360 months
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  • Residential properties only

Pacific Private Money

Specializing in Owner-Occupied Consumer Private Money Loans in CA

$150,000 - $4,000,000
8.90% - 11.90%
2.00% - 4.00%
70%
70%
6 to 360 months
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  • Has a unique offering
  • Deserves recognition
  • Deals with construction projects
  • Residential properties only

Owner-Occupied Home Loan Transactions in Orange County

Business Purpose 2nd Mortgage for Owner Occupied Home in OC

$100,000

Transaction by Nationwide Mortgage
This borrower needed to pull cash out of their primary residence in Mission Viejo, Orange County, to invest in their business. They had a low interest rate on their first mortgage and didn't want to refinance that. They just wanted to pull cash out with a 2nd mortgage. A note was arranged for a 12 month period. It was funded in January 2014, and the borrower paid it off as agreed. Due to regulations on consumer mortgages, most private lenders in California will only secured a loan with an owner-occupied home if the funds will be used for a business purpose.