Address: Loxahatchee, FL 33470
ARV: $2,000,000 (As-is)
1st Mortgage: $450,000.00
2nd Mortgage: $550,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 15%
CLTV 50%
Loan Purpose: Cash-out Refi
Funded February 5, 2026
HML Solutions recently funded a strategic second mortgage secured by a specialized equestrian property in South Florida valued at approximately $2,000,000, providing the borrower with fast access to capital while preserving an attractive existing financing position. Structured with an existing $450,000 first mortgage and a new $550,000 second mortgage, the transaction closed at an approximate 50% combined loan to value, allowing the borrower to unlock substantial equity without disturbing the first lien.
Situated on approximately 10 acres within one of South Florida’s premier equestrian communities, the property was purpose built for agricultural and horse related operations. The collateral included approximately 15 horse stalls, open pasture areas, and infrastructure supporting an active equine feedmill and horse business. With specialized use and long term market demand, the property represented a strong and unique collateral profile.
The borrower, a seasoned operator in the equine feedmill industry, required immediate capital to support continued business growth and operational expansion but did not want to refinance or lose the favorable terms attached to the existing first mortgage. Due to the time sensitive nature of the request and the specialized asset profile, traditional lenders were unable to provide the speed, flexibility, and execution required to meet the borrower’s timeline.
Through HML Solutions’ asset based lending approach, the borrower was able to access $550,000 in second mortgage financing quickly and efficiently while maintaining the existing low leverage capital structure. The transaction highlights HML Solutions’ ability to structure creative second mortgage solutions for specialized assets, delivering execution, flexibility, and intelligent use of real estate equity when conventional lenders cannot move fast enough.
