Laguna Beach, CA


Single Family Residence

Equity Cash Out

Transaction by
Wilshire Quinn Capital, Inc.
Wilshire Quinn Capital provided a $390,000 equity cash-out refinance loan secured by a residential investment property in Laguna Beach, Orange County, California. The single-family rental is comprised of 2,480 square-feet, with 3 bedrooms and 3 baths. The property has ocean views and is located in Three Arch Bay, a gated community. The property was appraised last month for $3,700,000, so the total loan-to-value ratio is just under 11 percent.