A Private Cash-Out 2nd Mortgage,
Built Around Your Riverside Property.
A private cash-out 2nd mortgage lets Riverside 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 Riverside County 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 Riverside Market
Larger Lots and a Wide Range of Housing Ages
Riverside mixes older, historic neighborhoods near Downtown and the Mission Inn with newer suburban tracts further east, and average lot sizes here tend to run larger than in coastal Southern California cities. That range in lot size, home age, and construction type is part of why generic Inland Empire averages don’t hold up well for underwriting.
We underwrite Riverside County deals directly out of our Glendale office, rather than through an out-of-state call center. We look at your property’s actual lot size, condition, and comps, not a regional average.
Straight Answers
Questions Riverside Homeowners Ask
Do you actually work in Riverside, or is this a national call center?
We’re headquartered in Glendale and underwrite Riverside County deals, including Riverside itself, directly — not through an out-of-state call center. A historic property near Downtown Riverside and a newer tract home further east get evaluated differently, and that’s part of how we structure a file. When our own capital isn’t the right fit, we place it with a partner lender in our network.
Riverside has a wide range of lot sizes and property ages — does that affect the appraisal?
Yes. Lot size, home age, and condition all factor into appraised equity, and Riverside has more range on all three than most Southern California cities. We look at your specific property rather than a citywide or countywide average.
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 Riverside Property?
No cost to apply. We’ll show you the real numbers.
Start the Conversation → or call (818) 937-9987Locations: Riverside County, California
Michael Daniel Investments, Inc.
417 Arden Ave, Suite 121A, Glendale, CA 91203
California Department of Real Estate DRE# 02037255 and NMLS# 233991.