Vanguard Hard Money

Lending for California Only
 
 California's Premier Private Money Lender
   


 


After Repair Examples only Click Here

Recent Hard Money Fundings

Real Estate Acronyms:
After Repair Value (ARV)
Loan to Value (LTV)
Interest Only (IO)
Need hard money financing, we can help.
All transactions below are non-owner (investor loans)
Loan Amount:
  $104,000
City:
  Los Angeles
LTV:
  50% ARV
County:
  Los Angeles
Appraised Value:
  $210,000
Purchase Price:
  $114,000
Term:
  12 Months
Rate:
  10.99%
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  $25,000
Purpose of Loan:
  Rehab Fix & Flip

Loan Amount:
  $198,750
City:
  Los Angeles
LTV:
  75% LTV
County:
  Los Angeles
Appraised Value:
  $350,000
Purchase Price:
  $265,000
Term:
  9 Months
Rate:
  9.99%
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  No Fund Control
Purpose of Loan:
  Rehab Fix & Flip

Loan Amount:
  $110,000
City:
  Palm Desert
LTV:
  61% ARV
County:
  Riverside
Appraised Value:
  $180,000
Purchase Price:
  $118,000
Term:
  5 Years
Rate:
  11.75%
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  $15,000
Purpose of Loan:
  Rehab Fix & Flip

Loan Amount:
  $318,750
City:
  Pomona
LTV:
  75% LTV
County:
  Los Angeles
Appraised Value:
  $450,000
Purchase Price:
  $425,000
Term:
  3 Years
Rate:
  12.65%
Income:
  Stated Income
  Verified Assets
Property Type:
  Restaurant
Repairs Needed:
  N/A
Purpose of Loan:
  The existing tenant had an oportunity to purchase the
  restaurant and we made there dream come true.

Loan Amount:
  $300,000
City:
  Tarzana
LTV:
  33% LTV
County:
  Los Angeles
Appraised Value:
  $900,000
Purchase Price:
  N/A Refinance
Term:
  60 Months
Rate:
  8.50%
Income:
  Stated Income
  Verified Assets
Property Type:
  Retail
Repairs Needed:
  N/A
Purpose of Loan:
  Borrower wanted a long term with a low rate to payoff
  the existing mortgage.

Loan Amount:
  $191,000
City:
  Los Angeles
LTV:
  55% LTV
County:
  Los Angeles
Appraised Value:
  $348,000
Purchase Price:
  N/A Refinance
Term:
  12 Months
Rate:
  12.00%
Income:
  Stated Income
  Verified Assets
Property Type:
  Duplex
Repairs Needed:
  N/A
Purpose of Loan:
 Recently converted hotel to a duplex. Borrower pulled
 additional funds to purchase another investment
 property.

Loan Amount:
  $70,000
City:
  San Bernardino
LTV:
  N/A
County:
  San Bernardino
Appraised Value:
  No Appraisal
Purchase Price:
  N/A Refinance
Term:
  36 Months
Rate:
  13.45%
Income:
  Stated Income
  Verified Assets
Property Type:
  Restaurant
Repairs Needed:
  N/A
Purpose of Loan:
 With plans to expand the square footage of the building
 the borrower refinanced the property to obtain the funds
 to do so.

This loan example covers 101% of the purchase price.
Loan Amount:
  $221,000
City:
  Montebello
LTV:
  65% ARV
County:
  Los Angeles
Appraised Value:
  $340,000
Purchase Price:
  $218,250
Term:
  12 Months
Rate:
  12.99% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  $42,000
Purpose of Loan:
 The borrower, an existing  Vanguard customer,
 specializes in buying homes from banks who are
 anxious to dispose of them. He then brings his
 experienced crews into the property to complete the
 work . At completion, he stages the home for an
 ultimate sale and the realization of a nice profit.

Loan Amount:
  $173,250
City:
  Canyon Country
LTV:
  55% LTV
County:
  Los Angeles
Appraised Value:
  $315,000
Purchase Price:
  N/A Refinance
Term:
  60 Months
Rate:
  12.00% I.O.
Income:
  Stated Income
  Stated Assets
Property Type:
  Single Family
Repairs Needed:
  None
Purpose of Loan:
  Recently renovated home being placed on the market.
  Borrower wanted to pull additional cash out for his
  next REO investment purchase.

Loan Amount:
  $155,000
City:
  Los Angeles
LTV:
  58% ARV
County:
  Los Angeles
Appraised Value:
  $267,000
Purchase Price:
  $171,000
Term:
  12 Months
Rate:
  12.99% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  $13,867
Purpose of Loan:
  Rehab Fix and Flip.
  Borrower has an end buyer ready to go.
  There was no fund control for the repairs.

Loan Amount:
  $400,000
City:
  Glendora, Covina, & LA
LTV:
  58% LTV
County:
  Los Angeles
Appraised Value:
  $685,000
Purchase Price:
  N/A Refinance
Term:
  12 Months
Rate:
  8.90% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family (3)
Repairs Needed:
  Minimal
Purpose of Loan:
  Pull cash out of three properties (Cross collateralize).
  Borrower wanted to have extra cash in hand to
  purchase additional rehab properties. We were able
  to provide a release clause for each property we
  cross collateralized so the entire loan balance would
  not have to be paid off at once.

Loan Amount:
  $280,000
City:
  Los Angeles
LTV:
  56% LTV
County:
  Los Angeles
Appraised Value:
  $500,000
Purchase Price:
  N/A Refinance
Term:
  60 Months
Rate:
  11.75% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  4 Units
Repairs Needed:
  None
Purpose of Loan:
 Construction had just been completed and borrower
 needed to refinance into a longer term and pull some
 additional cash out.

Loan Amount:
  $90,000
City:
  Fontana
LTV:
  58% ARV
County:
  San Bernardino
Appraised Value:
  $155,000
Purchase Price:
  $100,000
Term:
  12 Months
Rate:
  12.99% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  $14,380
Purpose of Loan:
 Rehab Fix and Flip

Loan Amount:
  $600,000
City:
  Los Angeles
LTV:
  59% LTV
County:
  Los Angeles
Appraised Value:
  $1,016,000
Purchase Price:
  N/A
Term:
  12 Months
Rate:
  9.30% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family (4)
Repairs Needed:
  Minmial
Purpose of Loan:
  Pull cash out of four properties (Cross collateralize).
  Borrower wanted to have extra cash in hand to
  purchase additional rehab properties. We were able
  to provide a release clause for each property we
  cross collateralized so the entire loan balance would
  not have to be paid off at once.

Loan Amount:
  $178,000
City:
  Anaheim
LTV:
  62.5% ARV
County:
  Orange
Appraised Value:
  $285,000
Purchase Price:
  $175,000
Term:
  12 Months
Rate:
  12.99% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  $33,850
Purpose of Loan:
 Historical home in need of some serious work. The
 previous owner ran out of funds leaving the home with
 a gutted interior. Our borrower turned it into a true
 showpiece, selling it for well-above the expected price
 in just two days on the market.
  

Loan Amount:
  $80,000
City:
  Menifee
LTV:
  50% ARV
County:
  Riverside
Appraised Value:
  $160,000
Purchase Price:
  N/A
Term:
  12 Months
Rate:
  9.95% I.O.
Income:
  Stated Income
  Verified Assets
Property Type:
  Single Family
Repairs Needed:
  $5,000
Purpose of Loan:
  Rehab cash out refinance so borrower can purchase
  additional  homes.

Loan Amount:
  $165,000
City:
  Los Angeles
LTV:
  60% ARV
County:
  Los Angeles
Appraised Value:
  $175,000
Purchase Price:
  $183,750
Term:
  12 Months
Rate:
  12.00% I.O.
Income:
  Stated Income
Property Type:
  Single Family
Repairs Needed:
  $15,000
Purpose of Loan:
  Rehab Fix and Flip
 
 
 
 
 
 
 
 
       
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