Call Now
Michael Daniel Investments MICHAEL DANIEL INVESTMENTS PRIVATE LENDING
Homeowners Investors We Buy Properties for Cash (818) 937-9987
Laguna Beach, CA · Business-Purpose Lending

Cash-Out Second Mortgages in Laguna Beach
Keep Your First Loan in Place.

Check Your Eligibility ↓
Call (818) 937-9987Get Started

Tap the equity in your Laguna Beach primary residence or investment property for a business or investment purpose, without refinancing your existing first mortgage, subject to our underwriting.

✓ Keep your 1st mortgage
✓ Primary or investment property
✓ Equity-based approval
✓ $50K–$5M+
✓ Self-employed or turned down by a bank? We look at the equity first.
Check Your Eligibility
No obligation. A real person will follow up.

By submitting you agree to be contacted by phone, text, or email about your inquiry. Consent is not a condition of obtaining a loan. See our Privacy Policy.

Know Before You Call

Do You Qualify? What to Expect

Up to 65% Combined LTV
Your first mortgage plus the new 2nd can total up to 65% of the property’s appraised value in California.
$50K to $5M+
Loan amounts start at $50K.
Business or Investment Purpose Only
Proceeds go to a business or investment use, and you sign a business-purpose statement at closing.
Rates and Fees in Writing
You get the rate and fees in writing before you commit to anything.

Quick Self-Check

Is This the Right Loan for You?

This May Be a Fit If…
  • You own a home or investment property in California with real equity in it.
  • The money is going to a business, an investment property or a project.
  • You need $50K or more.
This Probably Isn’t a Fit If…
  • You need to borrow more than 65% of the property’s value, counting your first mortgage.
  • The money is for personal or household expenses.

Cash-Out Second Mortgages in Laguna Beach

What to Know About Laguna Beach

Laguna Beach started as an artists’ colony and still packs small cottages, hillside homes and canyon properties between the ocean and the San Joaquin Hills. Much of the city is in the coastal zone and in very high fire hazard severity zones, and only a few roads lead in and out.

A Laguna Beach cottage bought decades ago can now be worth far more than the first mortgage on it. If you need business funds, a private second on the home you live in can tap part of that difference, and a second on a Laguna rental serves an investment purpose. Your first mortgage is not refinanced.

How It Works

Cash-Out 2nd Mortgage Terms

Your Primary Residence
Borrow against the home you live in when the money goes to a business or investment use. A signed business-purpose statement is part of closing.
Investment Property
Pull equity from a rental or other investment property and leave the first loan alone.
Keep Your First Mortgage
No need to give up a low-rate first loan just to access the equity behind it.
$50K–$5M+
Loan Amounts
2nd Position
Behind Your Existing 1st
Business Purpose
Primary or Investment Property

Rates, points and fees depend on the property and the deal and are disclosed in writing before you commit.

Where We Lend

Laguna Beach Neighborhoods

We lend throughout Laguna Beach and the rest of Orange County, including these areas.

Downtown VillageNorth LagunaTop of the WorldBluebird CanyonArch Beach HeightsSouth Laguna

Straight Answers

Cash-Out Second Mortgages in Laguna Beach: Questions

I own a Laguna rental cottage with a mortgage on it. Can I tap the equity without refinancing?

Yes. A second mortgage is recorded behind the existing first, which keeps its terms. For a rental the purpose is investment, and we’ll look at the property and your repayment plan.

Do you lend in Laguna Beach?

Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Orange County deals directly, including Laguna Beach, rather than handing them to an out-of-state call center.

Can I borrow against my primary residence?

Yes, when the loan is for a business or investment purpose. That’s what sets us apart from many private lenders who won’t lend on an owner-occupied home. A signed business-purpose statement is required at closing, and the proceeds can’t be used for personal or household expenses.

More in Laguna Beach

Construction Loans in Laguna BeachFix and Flip Loans in Laguna BeachLand Loans in Laguna Beach

Cash-Out Second Mortgages Elsewhere in Orange County

IrvineAnaheimHuntington BeachYorba LindaMission ViejoLake ForestCosta MesaNewport BeachFullertonGarden GroveSanta AnaOrangeWestminsterBuena ParkTustinLaguna NiguelSan ClementeLa HabraFountain ValleyPlacentiaRancho Santa MargaritaAliso ViejoCypressBreaDana PointSan Juan CapistranoLaguna HillsSeal BeachStanton

Have Equity in Your Laguna Beach Property?

Tell us about it and we’ll give you a straight answer.

Get Started → or call (818) 937-9987

Serving Laguna Beach and Orange County, California

Michael Daniel Investments, Inc.

417 Arden Ave, Suite 121A, Glendale, CA 91203 · (818) 937-9987

California Department of Real Estate DRE# 02037255 and NMLS# 233991.