First Capital Trust Deeds secured a hard money second mortgage in Oceanside on a completed home listed for sale, providing cash-out funds for the developer to put into one of their next projects before this property sells.
Hard Money Second Mortgage in Oceanside Terms:
- $140,000 Loan Amount (behind previously originated $500,000 first trust deed)
- 6-Month Term
- No Prepayment Penalty
Do you have a similar financing scenario?
Inquire about your financing options with FCTD.