A real estate investor owns and operates a 12- unit apartment building. The owner decides to entitle the building to condominiums. During the entitlement process, the owner vacates the building for full renovation. The current $520,000 loan comes due while renovations are being made. The current lender decides not to renew the loan on a vacant building.

The Collateral Group finances a new $640,000 First Trust Deed, replacing the old trust deed and providing needed capital to complete the renovations. The valuation of property is in excess of $2.40 million. The Loan-to-Value (LTV) ratio is 27% with protective equity of $1.76 million.

A small business owner owns four residential properties, and she needs cash out for the advancement of her business. The borrower has excellent credit, however she cannot document all her income given today’s stringently conventional bank underwriting standards.

The Collateral Group finances four first mortgages, cross collateralizing all four properties for a collective Loan-to-Value (LTV) ratio of less than 40%. The loans enable the owner to extract necessary cash for business purposes.

A borrower needs cash out of a non-owner occupied single family residence located in Pacific Palisades, CA. He does not have enough equity in this one property to meet the Collateral Group Loan-to-Value (LTV) requirements.

The Collateral Group provides the solution by cross-collateralizing a free and clear parcel of land owned by the borrower to meet the LTV ratio guidelines. The new loan provides needed cash for a divorce settlement, secured and unsecured creditors, and additional cash commitments. .