A Private Cash-Out 2nd Mortgage,
Built Around Your Los Angeles Property.
A private cash-out 2nd mortgage lets Los Angeles County property owners tap their equity for a business or investment purpose, without refinancing an existing first mortgage, subject to our underwriting. Headquartered in Glendale, we underwrite LA deals directly.
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.
How It Works
Equity-Based, Not Credit-Score-Gated
Who It’s For
Homeowners and Investors
Plenty of private lenders won’t touch a primary residence. We lend on the home you live in when the loan has a business purpose, and on investment property too.
The Los Angeles Market
A County Too Varied for One-Size Underwriting
Los Angeles County isn’t one market. A property in Bel-Air, one in South LA, and one in the San Fernando Valley can carry wildly different values, comps, and appraisal timelines — sometimes within a few miles of each other. Banks that underwrite to a single template often stall out here, or lowball equity because their comps model doesn’t reflect a specific block or property type.
Because we’re headquartered in Glendale and underwrite Los Angeles County deals directly, we look at the actual property and the actual equity, not a regional average. That’s what lets a private cash-out 2nd move faster than a conventional refinance in a market this fragmented.
Straight Answers
Questions Los Angeles Homeowners Ask
Do you actually work in Los Angeles, or is this a national call center?
We’re headquartered in Glendale, inside LA County. We underwrite Los Angeles-area deals directly and know the market — the difference between a Hollywood Hills parcel and a Lancaster property, for instance, matters to how a file gets structured. When our own capital isn’t the right fit, we place the file with a partner lender in our network.
Does where my property sits in LA County affect what I can borrow?
It can. LTV is driven by the property’s actual appraised equity, and Los Angeles County covers everything from dense multi-unit zoning to single-family hillside lots to Valley tract homes — each with different comps and appraisal considerations. We look at your specific property and neighborhood rather than applying one countywide number.
What’s the catch?
There isn’t one, but there is a constraint worth being clear about: MDI makes business-purpose loans only. Proceeds have to be used for a business or investment purpose, not personal or household expenses, and a signed business-purpose statement is required at closing. If you need money for personal use, we’re not the right lender.
Do you check credit?
Yes. Credit history is one factor alongside your equity position, the property’s condition, and the exit strategy. Equity carries more weight here than at a bank, but any lender telling you credit is irrelevant is not being straight with you.
What are your rates and fees?
They vary by product and situation, and they’re disclosed in writing before any commitment. Private money costs more than a bank loan. That’s the trade for speed and flexibility. We’ll show you the real numbers before you decide anything.
What if I don’t qualify?
We’ll tell you quickly, and where we can we’ll point you toward what would actually help. If you’re facing foreclosure, free counseling is available from a HUD-approved housing counselor at hud.gov/findacounselor or (888) 995-HOPE.
The Process
What Happens Next
Have Equity in Your LA Property?
No cost to apply. We’ll show you the real numbers.
Start the Conversation → or call (818) 937-9987Locations: Los Angeles County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203
California Department of Real Estate DRE# 02037255 and NMLS# 233991.