How do Fintech principles and the Internet make for a better Hard Money Loan? The Internet continues to destroy old and create new business models. Disintermediation runs rampant. How does a financial services business survive and thrive in the Financial Technology “FinTech” space and create a profitable business model in today’s Internet world? Old…
Malibu, CA Download recent-transaction-400000-business-purpose-cash-out-loan-funded-malibu-ca Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $400,000 BPO Value $1.8Mil Occup Non-Owner Occ. Lender Rate 8.00% LTV on BPO Value 22.22% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed Int. 6 months Loan Scenario: 617 FICO Borrower/Retired Camarillo, CA,…
Los Angeles, CA Download recent-transaction-269750-business-purpose-cash-out-loan-funded-los-angeles-ca Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $269,750 BPO Value $415,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed Int. 6 months Loan Scenario: Self-Employed Borrower who owns…
Van Nuys, CA Download recent-transaction-2nd-business-purpose-cash-out-loan-funded-van-nuys-ca Property / Loan Information Property Type SF Condo Lien Position 2nd TD Loan Amount $150,000 BPO Value $569,900 Occup Owner Lender Rate 10.50% CLTV 45.27% Loan Type Business Purpose Cash-Out Amortization Interest Only Due 60 mos. Guaranteed Int. 6 months …