CLF loans
CLF loan menu

Bad Credit Home Loan for $1,000,000 in Los Angeles, CA – Hollywood

Well this is certainly one of the unusual home loan applications that we have received in a while. Essentially this applicant is self financing his own film production and has run out of cash. He has turned to his current lender for further financing who will not loan him any further funds due to his poor performance on meeting the terms of his current home loan.

He has two options; A) refinance his home to obtain additional cash to put into this movie or B) sell a portion of the rights to the film in return for cash to help him finish the movie.  He is reluctant to pursue scenario B since he may have to give up some of the control on the editing and distribution of the movie. This is his baby and he does not want to let it go.

Financing movies is a very specialized area and not many lenders are able to or willing to get involved in this area of business. Consumers with bad credit ratings also have a very difficult time finding lenders to lend them money regardless of what the reason may be. This one is more difficult due to his bad credit rating and the rather large size of this home loan.

Before any decision can be made on this application, the client’s home will need to be appraised and additional information provided concerning his employment and income. If the information provided is accurate and his home is worth more than he is borrowing, some lenders may be interested in approving this loan. This application will take a little time to review and confirm particularly due to the rather large amount of $1,000,000 being discussed.

Bad Credit Home Loan for $1,000,000 in Los Angeles, CA – Hollywood


Home/Mortgage Loan Amount :: $1,000,000

Home Loan Application and Processing Speed (when do you need the funds):: we need this loan approved very quickly since our current mortgage company is threatening foreclosure

Do you currently have a mortgage? :: yes, on the current home for $750,000

Bank Name and Branch :: Wells Fargo,S Spring St, Los Angeles,

What City/Town, State and County do you live in? :: Los Angeles , California

Zip ::

What is your employment field? :: 90013

Employment Position :: Film producer for a privately held company in the LA area

When are you paid? (monthly/weekly/biweekly):: monthly

Your credit rating to be – excellent, fair, or bad? :: bad due to problems with payment of monthly payments

How did you find us? :: Searching for companies that will provide financing for mortgages and film production costs.

How are you paid? (direct deposit/paper check):: Direct deposit

Gross Amount Per Paycheck ::$12,000

Do you agree to have this information published online, without your PRIVATE information of course? :: sure as long as the name of my company is not published. I do not want anyone to know that the film I am working on could be in any difficulty

Extra information here please (some detail):: this will seen like a rather strange application for a jumbo loan on a home. I own a very nice home and have borrowed extensively on it to finance a low budget movie that my wife and I have been working on for some time. We are in the final stages of editing. All of the filming is completed, the actors are on their way to other films and now we just need to have the film professionally edited and prepared for distribution. We have great reviews so far and expect that this film property will easily turn a profit. What we have here is a cash flow problem at the moment.

My solution is to borrow further against my home to complete the film and then pay the mortgage off from the profits we expect to make. I did one thing that was really stupid and that was that I stopped paying the mortgage on our home to try and make more cash available for this film. Now the existing lender wants to foreclose and will not entertain any further loans to us. The house has been appraised well beyond a million due to the area that we live in so there is no problem with collateral etc. We are doing everything we can to get this movie to a point where it can be released and begin earning revenue. I own 100% of the rights to this film.

Note to Lender :: my company pays me really well and I can easily afford the monthly payments. My company is not involved in the production of this film. This is something I am doing on the side and using outside resources to complete the filming and editing etc.  My last resort will be to sell a share of this film to my company or to another firm that may be interested in participating in this film.

This is really a last resort since we want to finish this on our own without sacrificing ownership and any control over editing and production. Hope this all makes sense and you can see your way to approving this bad credit home loan.

Category: Home Mortgage Loan APR 2.665% APR 3.2% APR 3.375%
Loan Principal $1,000,000 $1,000,000 $1,000,000
Payment Schedule Monthly Monthly Monthly
Length of Term 15 25 30
Amount to be paid $1,201,197.94 $1,321,316.27 $1,507,363.99
Total interest paid $201,197.94 $321,316.27 $507,636.99
Paid per installment $6,581.91 $5,430.07 $4,130.51
clf spacer

Below Are Some Related Publications You May Find Interesting

A Bad Credit Car Loan in Los Angeles Ca
There are hundreds of thousands of people in Los Angeles and California at large...
Unsecured Small Personal Loan in Angelino Heights, Los Angeles (Bill Payments)
This applicant and borrower needed to borrow an unsecured cash amount of $5000 -...
$10,000 Loan in Los Angeles/Altadena for Person With Bad Credit - Bill's CC Debt
$10,000 Loan to Pay off Credit Card Debt in Los Angeles (Altadena) - The Equestr...
Used Boat Loan With Down Payment Collateral - Bad Credit in San Luis Obispo
This borrower is living in central California in San Luis Obispo and wants to bo...
Fast Unsecured Loan With Bad Credit ($2000,$3000,$5000,$10000)
2017 Update: Know the law and protect yourself from predatory lenders. Learn how...
$700 Payday Loan Cash Advance Los Angeles - Hermosa Beach
This is a short form application from an applicant in Hermosa Beach (basically L...
Bad Credit Car Loan for $15000 in Los Angeles, CA - Neighbourhood of Torrance
Our newest applicant is applying for a bad credit car loan for $15,000 and lives...
$40,000 - $100,000 Debt Consolidation Relief in Los Angeles
Our latest applicant has been very forthcoming in what he is looking for in term...

Do You Need a Personal Loan Approved Today? Use the comment form below to alert our lenders of your requirement - use your FIRST NAME ONLY for this initial pre-app loan request.

Use the comment box at the bottom of this page and tell us,

- how much you need to borrow
- what type of loan product you need
- what City and State you reside in
- what your credit score numbers are
- how quickly you need the loan

Your email is never made public, saved, or shared. Your privacy
is never compromised.

Unkind words will not be published.

Thanks for visiting ;-)

BELOW IS A LOAN CALCULATOR FOR CARRYING OUT SOME LOAN CALCULATIONS-------------------------------------------- Enter the loan amount, year of term, interest rate, and payment periods (14 for biweekly, 30 for monthly, 7 for weekly. Very helpful so you know exactly what the loan will cost you in interest payments and you will know the total COB (cost of borrowing).
Loan Amount:



Days between payments:
30 for a Month, 7 for Week
and 14 for Bi-Weekly. Easy!

When filling out your initial loan request, use FIRST NAME ONLY and NO PHONE NUMBERS please. This is for your privacy and security. Thank you for using!

Before you submit your pre-app MAKE SURE you first read the instructions here!

If you don't find a pre-app form at the bottom of this page that just means we're no longer taking applications here.

BUT NO PROBLEM! We've got you covered! You can apply on a different page. Follow these instructions closely please.

10 Pre-apps

  1. David wrote:

    Mid-June we bought a beautiful river front foreclosed property on the Braden River, FL. It was a cash deal so we had to pull out all of our savings including our IRA’s. We have found a lender who will give us a lot loan but their turn around process is longer than we can afford if we want to return our money to our IRA’s. Looking for a 60 day loan where we can have the money by August 15th….that’s when the 60 day window closes. Thank you to any one who can help.

  2. jeff wrote:

    I am looking for a large loan,60 to 80 thousand dollars. The loan would be used to consolidate other loans and credit card. I would also be using some of the loan to pay fees for refinancing home. I have six figure income and live in the state of Missouri. Is there is someone out there that can help. Thank you

  3. WILLIAM wrote:


  4. Jesse wrote:

    i’m Jesse Steven Evans. i get $750 per month equalin $9,000 per year from social security with no bills. what’s THE maximum loan i’m eligible for to buy a home?

  5. Shane wrote:

    I need 10 grand for the lender my house and property I like to get for 1.5% and a unsecured loan for for at least 10 years come on fixed income trying to build my credit back up I need points

  6. Dustin wrote:

    I would like to purchase an house, I would like to borrow 40,000.00, my credit score is around 580.

  7. Sandra wrote:

    What i do in my spare time is looking at houses for sale anywhere in america and i dream of owning my own place. i have lived with family throughout my life never having a place of my own i work hard at customer service but don’t make much money and my credit is in the low 500’s so getting approval is nearly impossible. However i have found the place that i would love to call home it is a beautiful little house in NC close to the ocean for only $17,999.00 Please

  8. John wrote:



  9. Anthony wrote:

    i want to buy a house from 70,000.00 to 100,000.00. i am a first time buyer and need to get per approved.

  10. Michele wrote:

    I need to borrow 20.000 or I will lose my house this week I have equity. I need a loan help

REMEMBER! As much detail in comment section WITHOUT revealing your identity at this time

Your email is never published nor shared. Required fields are marked *