$1,500,000 Single-Family Residence
January 10, 2025
Cash-out refinance of 17,000 sq ft mega-mansion (2nd Position)
Orange, CA
Deal Size
$1,500,000
Rate
11.99%
LTV
35% CLTV
Term
18 Months
Shawbrook Capital is pleased to announce the successful closing of a $1.5MM cash-out refinance of a 17,000 sq ft mega-mansion located in Orange, CA. The property is fully rented, generating $12,000 in monthly gross rent. Shawbrook Capital structured a 2nd lien with an 18-month term, providing flexibility to the borrower to maintain their low-interest rate 1st, while accessing the equity in the property for additional cash-out.