55% LTV After Repair Value Hard Money Loan For Santa Ana Fixer Upper

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55% LTV After Repair Value Hard Money Loan For Santa Ana Fixer Upper

An Orange County investor acquired this Santa Ana fixer upper using 55% LTV after repair value hard money loan from First Capital Trust Deeds.

Even though our borrower client didn’t have an extensive track record of buying and selling houses, the fix and flip hard money loan in Santa Ana was a pretty low-risk trust deed investment at 76% loan-to-value (LTV) against the $335,000 purchase price. Or, another way of putting it is that it was a 55% after repair value hard money loan (ARV) of $465,000.

Homes in Orange County in this price range move very fast so there was minimal downside to doing this loan for the borrower, who successfully re-sold the property eight months later.  All in all, this one worked out for all the parties involved in the transaction.

55% After Repair Value Hard Money Loan Terms:

  • $255,000 Loan Amount (76% LTV  / 55% ARV)
  • 11.00% Interest-Only
  • 12-Month Term
  • No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.