Vanguard Hard Money
 California's Premier Private Money Lender
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Lending for California Only

 

Hard Money Cash Out Loans


Loan Amount:
  $1,250,000
City:
   Santa Monica
LTV:
   57% ARV
County:
   Los Anegles , CA
Appraised Value:
   $2,175,000
Hard Money:
   Refinance
Term:
   3 Months
Rate:
  9.990%
Income:
   Stated Income
Property Type:
   Single Family
Repairs Needed:
  $0
Purpose of Loan:
We just closed a $1.25M cash-out hard money loan in Santa Monica in exactly 8 days. When dealing with premium Southern California real estate, standard bank timelines can cost you lucrative investment opportunities. This recent closing proves that pulling equity out of your local property does not have to take months.

Loan Amount:
  $620,000
City:
   Daly City
LTV:
   54% ARV
County:
   San Mateo , CA
Appraised Value:
   $1,150,000
Hard Money:
   Refinance
Term:
   10 Months
Rate:
  11.875%
Income:
   Stated Income
Property Type:
   Single Family
Repairs Needed:
  $60,000
Purpose of Loan:
We provided the renovation funds the borrower needed along with a little more time before flipping the property.

Loan Amount:
  $243,750
City:
   La Puente
LTV:
   75% LTV
County:
   Los Angeles, CA
Appraised Value:
   $325,000
Hard Money:
   Refinance
Term:
   4 Months
Rate:
  9.99%
Income:
   Stated Income
Property Type:
   Single Family
Repairs Needed:
  None
Purpose of Loan:
Our borrower needed to quickly pull cash out to payoff his partner before selling the property.

Loan Amount:
  $600,000
City:
   Rancho Palos Verdes
LTV:
   65.5% LTV
County:
   Los Angeles, CA
Appraised Value:
   $900,000
Refinance Rancho Palos Verdes
Hard Money:
   Refinance
Term:
   7 Months
Rate:
  9.99%
Income:
   Stated Income
Property Type:
   Single Family
Repairs Needed:
  None
Purpose of Loan:
Loan was made to a corporation that needed to payoff an existing conventional loan.

This example provided cash out at 93% of the original purchase price.
2nd Loan Amt:
  $214,000
City:
   Glendale
Combined LTV:
   59% ARV
County:
   Los Angeles, CA
Appraised Value:
   $650,000
Cash Out Glendale
Hard Money:
   Cash Out Refi.
Term:
   6 Months
Rate:
  12.00%
Income:
   Stated Income
Property Type:
   Single Family
Repairs Needed:
  $50,000
Purpose of Loan:
A repeat borrower came to us with the need to pull cash out to finish a rehab/construction project that was underway. We used the existing appraisal and closed the loan in just few days.

Loan Amount:
  $173,250
City:
   Canyon Country
LTV:
   55% LTV
County:
   Los Angeles, CA
Appraised Value:
   $315,000
Cash Out Canyon Country
Hard Money:
   Cash Out Refi.
Term:
   60 Months
Rate:
  12.00% I.O.
Income:
   Stated Income
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:
  $400,000
City:
   Glendora, Covina, & LA
LTV:
   58% LTV
County:
   Los Angeles, CA
Appraised Value:
   $685,000
Cash Out Glendora, Covina, & LA
Hard Money :
   Cash Out Refi.
Term:
   12 Months
Rate:
  8.90% I.O.
Income:
   Stated Income
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 din't have to be paid off at once.

Loan Amount:
  $280,000
City:
   Los Angeles
LTV:
   56% LTV
County:
   Los Angeles, CA
Appraised Value:
   $500,000
Cash Out LA
Hard Money :
   Cash Out Refi.
Term:
   60 Months
Rate:
  11.75% I.O.
Income:
   Stated Income
Property Type:
   4 Units
Repairs Needed:
  None
Purpose of Loan:
Turn your completed construction project into immediate liquidity with our short-term cash-out refinancing. We help developers and investors seamlessly transition out of construction debt. By unlocking your trapped equity right after completion, you gain the fast, flexible capital needed to bridge the gap, stabilize the asset, or fund your next build.

Loan Amount:
  $600,000
City:
   Los Angeles
LTV:
   59% LTV
County:
   Los Angeles, CA
Appraised Value:
   $1,016,000
Cash Out Los Angeles
Hard Money :
   Cash Out Refi.
Term:
   12 Months
Rate:
  9.30% I.O.
Income:
   Stated Income
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:
  $80,000
City:
   Menifee
LTV:
   50% ARV
County:
   Riverside, CA
Appraised Value:
   $160,000
Cash Out Menifee
Hard Money :
   Cash Out Refi.
Term:
   12 Months
Rate:
  9.95% I.O.
Income:
   Stated Income
Property Type:
   Single Family
Repairs Needed:
  $5,000
Purpose of Loan:
 Rehab cash out refinance so borrower can purchase additional homes.