Closed! Purchase in Santa Ana: $133,250 @ 7.50%, 1st TD, Condominium, 66.63% LTV

Successful, current MVI borrower and real estate investor sought a 1st TD loan to purchase this non-owner occupied, Condo investment property in Santa Ana, Orange County, CA.  Borrower is putting down approx. $128k of their own money to the closing of this Purchase. Exit strategy is a conventional refinance. The subject property is a traditional…