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Glendora, CA · Business-Purpose Lending

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

Check Your Eligibility ↓

Tap the equity in your Glendora 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.

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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 Glendora

What to Know About Glendora

Glendora sits against the San Gabriel Mountains at the eastern end of the San Gabriel Valley, with Route 66 crossing the south side of town and a small historic downtown known as the Village. Older citrus-era homes are found near downtown, postwar ranch tracts fill the flatter areas and custom homes climb into the foothills to the north.

Glendora owners in foothill custom homes, postwar ranch houses and older homes near the Village often have equity built up over many years. A second sits behind your existing first mortgage, for a business or investment purpose, on your residence or a rental. Foothill properties can carry higher insurance costs because of fire risk, and that is part of the picture we review.

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

Glendora Neighborhoods

We lend throughout Glendora and the rest of Los Angeles County, including these areas.

Glendora Village (downtown)North Glendora foothillsneighborhoods near Citrus CollegeRoute 66 corridorGlendora Country Club areasouth Glendora

Straight Answers

Cash-Out Second Mortgages in Glendora: Questions

Can I borrow against my Glendora foothill home without touching my first loan?

Yes. A second goes behind your existing mortgage for a business or investment purpose. Insurance costs on foothill homes are part of what we review.

Do you lend in Glendora?

Yes. We’re a California-licensed direct lender headquartered in Glendale, and we underwrite Los Angeles County deals directly, including Glendora, 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.

Have Equity in Your Glendora Property?

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

Get Started → or call (818) 937-9987

Serving Glendora and Los Angeles 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.