What does it mean to trust but verify during the underwriting process? I enjoy meeting people and I prefer to go through life trusting people when we first shake hands. I always like to assume that people I meet are generally good people. However, these days our motto is and has to be “Trust…
Santa Ana, CA Download Recent-Transaction-Business-Purpose-Purchase-Santa-Ana-CA Property / Loan Information Property Type Commercial Lien Position 1st TD Loan Amount $800,000 Appraised Value $1,705,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on Appraised Value 46.92% Loan Type Business Purpose Purchase Amortization Interest Only Due in 3 years Guaranteed Interest 180 days Loan Scenario: 666…
Redondo Beach, CA Download Recent Transaction Cash-Out-Redondo Beach, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $550,000 Appraised Value $855,000 Occup Non-Owner Occ. Interest Rate 8.99% LTV on AppraisedValue 64.32% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in12 months Guaranteed Interest 3 months …