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Crescent Lenders Funds

$150K Hard Money Residential Condo Purchase Loan

Dana Point, Orange County

About The Deal

Our borrower purchased a residential condo in Orange County's Dana Point for $458,000, putting down approximately $300,000 and financing the remaining $150,000 through Crescent Lenders.

After leasing the property, the borrower intends to refinance the private money loan with a conventional bank loan.

The loan-to-value ratio was 35%, and the borrower paid four months of prepaid interest with a 4-month prepay penalty.

Due to the attractive location and considerable equity, Crescent Lenders was confident in funding this purchase.

Interior of a Residential Town Home in Dana Point Orange County
Amount
$150,000
Location
Dana Point, Orange County
Rate
9.0%
LTV
35.0%
Term
12 months
Type
Purchase
Residential
Condominium
Exit Strategy
Refinance

Looking for a Purchase Loan Near Dana Point?

Crescent Lenders is a top rated private money lending company providing loans in and around The Orange County area.

We have been providing loans to commercial, residential and industrial California real estate investors for over a decade.

Whether you need a bridge loan to purchase a home in Irvine or want to refinance an existing loan for a property in Newport Beach, we have you covered all over Southern California.

Want to know more about our financing options? Find out why we are the best hard money lenders in Orange County.

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Email
info@crescentlenders.com
Phone
213-474-3131
Send Us A Message
We Can Deliver Rapid Financing
Between $200k and $2 million dollars
Nationwide private lender (not a broker, avoid the extra fees)
Funding loans such as purchase, refinance, rehab, probate, 1031 exchanges, cash-out
All types of investment properties considered, residential, commercial and industrial
Crescent Lenders

Suite #116, 999 Overland Ave

Los Angeles, California

90064

Disclaimer: Crescent Lenders, DBA CrescentLenders.com ("CL") is a California licensed broker under California Bureau of Real Estate License No. #01792267. Regardless of this license, CL considers itself a “finder” for purposes of applicable laws and regulations (California Business & Professions Code § 10130, et. seq.).