LK Secured Lending closed this cash out refinance in Newport Coast, CA for $3,000,000.
• Purpose: Business purpose loan to invest in borrower’s friend’s business.
• Property Value: Purchased for $20.6 million April, 2020
• Size: 12,628 sqft , 6 bd, 11 ba
• Built in 2017
• Loan Amount: $3,000,000
• Term: 12 months• Minimum Interest: 6 months
Cash-Out Refinance SFR Bridge Loan
Funded By: LK Secured Lending
![LK Newport.jpg](https://lendding.com/wp-content/uploads/2024/09/funded_photo_2087398000066735133_lk-newport-300x236.jpg)
Funded Loan Amount
$3,000,000
Funded City
Newport Coast
Other deal by LK Secured Lending
- Property Type : Industrial
- Loan Type : Bridge Loan
- State : California
- City : Vernon
- Funded Amount : $3,000,000
- Property Type : Multi Family
- Loan Type : Bridge Loan
- State : California
- City : San Jose
- Funded Amount : $2,000,000
- Property Type : SFR
- Loan Type : Bridge Loan
- State : Arizona, California
- City : Newport Coast
- Funded Amount : $3,000,000