Recently Funded Transactions by Maggio Capital
$1.6M 1st mortgage on a Single Family Residence in San Diego
Quick Closure 1st mortgage on a Single Family Residence in San Diego
With its amazing weather and no shortage of fun things to do, San Diego is a premiere destination for many families. Today we closed a $1.6M 1st mortgage on a single family residence in San Diego.
We wrote a 12 month interest only loan and closed the deal in less than 10 business days. The broker contacted us with a borrower that was looking to turn their property into a rental and needed cash in a hurry to purchase another property. We provided over $650,000 cash-out to help facilitate the other purchase, and the client is thrilled with their new opportunity.