Huntington Beach, CA Download Recent Transaction – $108,000 Business Purpose Cash-Out, Huntington Beach CA Property / Loan Information Property Type 4 Unit Multi-Family Lien Position 2nd TD Loan Amount $108,000 Broker Price Opinion $1.62Mil Occup Owner Occ. Lender Rate 9.00% CLTV on BPO 9.32% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 60 mos. Guaranteed…
How Proven Underwriting Guidelines lead to successful loans and stable investor yields? During the successful 2016 8 Year Old Little League season, our coaches kept reiterating to “Keep Your Eye On the Ball”. Whether catching a fly ball, fielding a grounder or trying to hit a fastball, the message was the same to our CrowdTrustDeed…
Nam id sem quis mauris porttitor conse quat id vitae dolor. Phasellus ligula velit molestie rhoncus ullamcorper mauris ultricies mi at pharetra.
Duis ornare, est at lobortis mollis, felis libero mollis orci, vitae congue neque lectus vel neque. Aliquam ultrices erat.
Irvine, CA Download Recent Transaction – $246,100 Business Purpose Cash-Out Loan Irvine, CA Property / Loan Information Property Type Single Family Residence Lien Position 2nd TD Loan Amount $246,100 Broker Price Opinion $1.234Mil Occup Owner Occ. Lender Rate 9.50% CLTV on BPO 65.00% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 24 mos. Guaranteed Int.…
Moorpark, CA Download recent-transaction-312500-business-purpose-cash-out-refinancne-loan-funded-moorpark-ca Property / Loan Information Property Type Modular Home + Land Lien Position 1st TD Loan Amount $312,500 Broker Price Opinion $1Mil Occup Non-Owner Occ. Lender Rate 8.00% LTV on BPO 30.20% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: 736…
Victorville, CA Download recent-transaction-70000-business-purpose-purchase-loan-funded-victorville-ca Property / Loan Information Property Type Residential Manufactured Home Lien Position 1st TD Loan Amount $70,000 Broker Price Opinion $123,000 Occup Non-Owner Occ. Lender Rate 10.75% LTV on BPO 56.91% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Real Estate…
Glendale, CA Download recent-transaction-300000-business-purpose-cash-out-glendale-ca Property / Loan Information Property Type Multi-Family Lien Position 2nd TD Loan Amount $300,000 Appraised Value $6.5Mil Occup Non-Owner Occ. Lender Rate 9.75% CLTV on Appraised Value 36.92% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Borrower owned property for…
What are the reasons a borrower would need a hard money loan? We often get the question, “Why would a Real Estate Investor, Self Employed Individual or Business Owner need Hard Money?” Followed by, “Why would anyone pay those rates?” Well, after having underwritten and funded over 330 loans, we have learned there are…
Carlsbad, CA Download recent-transaction-51000-business-purpose-cash-out-carlsbad Property / Loan Information Property Type Residential Townhouse Lien Position 2nd TD Loan Amount $51,000 AVM Value $380,000 Occup Non-Owner Occ. Lender Rate 10.75% CLTV on AVM Value 70.04% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Analytical Manager/Borrower…
Gardena, CA Download recent-transaction-1267500-business-purpose-purchase-gardena-ca Property / Loan Information Property Type Comm/Industrial Lien Position 1st TD Loan Amount $1,267,500 Appraised Value $1.956Mil Occup Non-Owner Occ. Lender Rate 9.25% LTV on Appraised Value 64.18% Loan Type Business Purpose Purchase Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Real Estate Investor/Borrower purchased this Industrial building for…
San Gabriel, CA Download recent-transaction-180000-business-purpose-cash-out-san-gabriel Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $180,000 Est. 1st TD $756,000 Occup Owner Occ. Lender Rate 11.00% CLTV on BPO Value 60.39% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Self-employed Borrower seeking…
Coalinga, CA Download recent-transaction-87750-business-purpose-purchase-loan-funded-coalinga Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $87,750 Purch. Price $76,000 Occup Non-Owner Occ. Lender Rate 11.25% LTV on Total Value 65.00% Loan Type Business Purpose Purchase Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: 658 FICO borrower with stable…
Fontana, CA Download recent-transaction-189000-business-purpose-purchase-loan-funded-fontana-ca Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $189,000 Purch. Price $270,000 Occup Non-Owner Occ. Lender Rate 9.25% LTV on Purch Price 70.00% Loan Type Business Purpose Purchase Amortization Interest Only Due in 24 mos. Guaranteed Int. 6 months Loan Scenario: Real Estate Investor who is…
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 …
Yorba Linda, CA recent-transaction-2nd-business-purpose-cash-out-loan-funded-yorba-linda-ca Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $60,000 BPO Value $375,000 Occup. Non-Owner Lender Rate 10.50% CLTV on BPO 58.13% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. (Balloon) Gtd.…
La Quinta, CA recent-transaction-1st-td-business-purpose-cash-out-loan-funded-la-quinta-ca Loan Type Business Purpose Cash-Out Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $211,250 Lender Est. Value $325,000 Occup. Non-Owner Lender Rate 9.25% LTV on Lender Est. Value 65.00% Amortization Interest Only Due in 36 mos. (Balloon) Borrower…
Simi Valley, CA recent-transaction-2nd-td-investment-property-cash-out-loan-funded-simi-valley-ca Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $65,000 BPO Value $540,000 Occup. Non-Owner Lender Rate 9.50% LTV on BPO 12.04% Loan Type Investment Prop. Cash-Out Amortization Interest Only Due in 6/2017 (Balloon) Gtd. Interest …
Camarillo, CA Recent Transaction – Owner Occupied Consumer Purpose Bridge Loan Funded – with Cross Collateral – Camarillo, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $950,000 Comb. Zillow Value $2,180,000 Occup Owner Lender Rate 9.50% LTV on Comb. Zillow 43.58% Loan Type Owner…
One of the most important underwriting elements for Hard Money Lenders and Trust Deed Investors is the Loan to Value Ratio (LTV). The Loan to Value Ratio is defined as the Loan Amount divided by the Value of the property. The question is: Which Value? LTV provides guidance for lenders and investors on how much…
Los Angeles, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Ch- Los Angeles, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $2,535,000 BPO Value $3.9Mil Occup Owner Lender Rate 10.50% LTV on BPO 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only…
Calabasas, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Calabasas, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $220,000 ARV BPO Value $1,75Mil Occup Non-Owner Lender Rate 11.75% CLTV on BPO ARV 60.40% Loan Type Business Purpose Cash-Out Amortization Interest…
Riverside, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Riverside, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $39,000 BPO Value $312,500 Occup Non-Owner Lender Rate 11.00% CLTV on BPO Value 60.16% Loan Type Business Purpose Cash-Out Amortization…
Santa Ana, CA Recent Transaction – 2nd TD Business Purpose Cash-Out Loan Funded – Santa Ana, CA Property / Loan Information Property Type Multi-Fam Lien Position 2nd TD Loan Amount $60,000 BPO Value $810,000 Occup Non-Owner Lender Rate 10.25% CLTV on Purch 60.00% Loan Type Business Purpose Purchase…
Anaheim, CA Recent Transaction – 1st TD Business Purpose Cash-Out Loan Funded – Anaheim, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $150,000 BPO Value $410,000 Occup Non-Owner Lender Rate 9.00% LTV on BPO Value 36.59% Loan Type Business Purpose Cash-Out…
Gardena, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Denver Ave., Gardena, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $182,500 BPO Value $365,000 Occup Non-Owner Lender Rate 9.00% LTV on BPO Value 50.00% Loan…
Indio, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Indio, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $75,000 BPO Value $225,000 Occup Owner Lender Rate 9.25% LTV on BPO Value 33.33% Loan Type Business…