Carpinteria, CA Download Recent Transaction – Business Purpose Purchase – Carpinteria, CA Property / Loan Information Property Type Condo Lien Position 1st TD Loan Amount $510,000 BPO Value $850,000 Occup Non-Owner Occ. Interest Rate 8.99% LTV on BPO Value 60% Loan Type Business Purpose Purchase Amortization Interest Only Due in 3 years Guaranteed Interest 180 days …
Castaic, CA Download Recent Transaction – Cash-Out Loan Funded – Castaic,CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $305,000 BPO Value $436,000 Occup Non-Owner Occ. Interest Rate 10.50% LTV on BPO Value 70% Loan Type Business Purpose Cash Out Amortization 40 yr amort/due in 12 months Guaranteed Interest 3 months…
What does “Stated Income Loan” mean? Hard Money and Non-Prime Lenders offer “Stated Income” loans to fill a gap on situations where conventional loan standards deny the loan. Today’s blog will demystify “Stated Income” and describe what these loans are and are not. Importantly, we will also discuss the opportunities and pitfalls for borrowers…
El Monte, CA Download Recent Transaction – Business Purpose Purchase – El Monte, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $120,000 Est Value $375,000 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Est Value 32% Loan Type Business Purpose Cash Out Amortization Interest Only due in 3 years Guaranteed Interest…
Riverside, CA Download Recent Transaction – Business Purpose Purchase – Riverside, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $113,750 Purchase Price $175,000 Occup Non-Owner Occ. Interest Rate 10.50% LTV on Purch Price 75.00% Loan Type Business Purpose Purchase Amortization Interest Only due in 3 years Guaranteed Interest 180 Days Loan Scenario:…
The “5 C’s of Credit” are the five key elements a borrower should have to obtain credit. These same 5 “C” items are critical for Hard Money loans as well as conventional loans. Successful Mortgage Brokers understand the 5 C’s of Credit and know how to apply their scenario to a conventional or hard…
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Best practices we have seen used to acquire or find a Fix and Flip! Here some of the best practices we have seen used to acquire or find a fix and flip. Common wisdom and empirical evidence shows that the profit in a transaction is acquired on the acquisition. Getting a good or discounted…
Los Angeles, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $225,550 Purchase Price $347,000 Occup Non-Owner Occ. Interest Rate 10.50% LTV on Purch Price 65.00% Loan Type Rental Purchase Amortization Interest Only due in 24 mos. Guaranteed Interest 6 months Loan Scenario: Real Estate Investor looking to purchase Mixed Use…
La Puente, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $125,000 Est. Valuation $2.51Mil Occup Non-Owner Occ. Interest Rate 12.75% CLTV on AVM Value 61.60% Loan Type Business Purpose Cash-Out Amortization Interest Only due in 3 years. Guaranteed Interest 6 months Loan Scenario: 790 Mid FICO Real Estate Investor looking for…
Covina, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $2.0Mil Purchase Price $5.0Mil Occup Non-Owner Occ. Interest Rate 11.50% LTV on Purch Price 40.00% Loan Type Business Purpose Cash-Out Amortization Interest Only due in 24 mos. Guaranteed Interest 6 months Loan Scenario: 673 Mid FICO and Real Estate Investor looking…
Murrieta, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $1.56Mil Purchase Price $1.95Mil Occup Non-Owner Occ. Interest Rate 11.50% LTV on Purch Price 80.00% Loan Type Fix and Flip Amortization Interest Only due in 12 mos. Guaranteed Interest 6 months Loan Scenario: 737 Mid FICO Real Estate Investor and General Contractor…
What Do Trust Deed Investors Really Want
The revelers sang “The 12 Days of Christmas” at our Holiday party the other night and our spirited late night rendition reminded me of the steps we need to take every day to get ready for Christmas Day. As my son reminds me every morning of how many days are left until Christmas, I realize…
CrowdTrustDeed Workflow Diagram
Moreno Valley, CA – Funding Now Download Full Summary – Moreno Valley, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $135,000 BPO Value $225,000 Amortization and Term Interest Only due in 3 years LTV on BPO Value 60.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.00% Loan…
Corona Del Mar, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $200,00 AVM Valuation $2.51Mil Occup Non-Owner Occ. Interest Rate 12.50% CLTV on AVM Value 49.00% Loan Type Business Purpose Cash-Out Amortization Interest Only due in 12 mos. Guaranteed Interest 3 months Loan Scenario: Real Estate Investor and owner of a…
Los Angeles, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $1.15Mil Appraised Value $3.6Mil Occup Owner Occ. Interest Rate 9.50% LTV on Appraised Value 31.94% Loan Type Business Purpose Cash-Out Amortization Interest Only due in 3 years Guaranteed Interest 3 months Loan Scenario: 627 Mid FICO and Business Owners looking for…
Downey, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $326,400 Purchase Price $544,000 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Purch. Price 60.00% Loan Type Rental Purchase Amortization Interest Only due in 12 mos. Guaranteed Interest 3 months Loan Scenario: Real Estate Investor looking to purchase Bank Owned SFR for…
Covina, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $715,000 Purchase Price $1.1Mil Occup Non-Owner Occ. Interest Rate 10.50% LTV on Purch. Price 65.00% Loan Type Rental Purchase Amortization Interest Only due in 24 mos. Guaranteed Interest 6 months Loan Scenario: 673 Mid FICO and Real Estate Investor purchasing this SFR…
Jamestown, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $188,500 Purchase Price $290,000 Occup Non-Owner Occ. Interest Rate 11.50% LTV on Purch. Price 65.00% Loan Type Fix and Rent Amortization Interest Only due in 3 years Guaranteed Interest 6 months Loan Scenario: 773 Mid FICO Self-Employed Auto Investment Dealer, Real…
Los Angeles, CA – Funding Now Download Full Summary – Los Angeles, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $225,550 BPO Value $350,000 Amortization and Term Interest Only due in 2 years LTV on Purch Price 65.00% Loan Type Fix and Rent Occupancy Non-Owner Occupied Rate for Investor 9.50%…
Corona Del Mar, CA – Funding Now Download Full Summary – Corona Del Mar, CA Property / Loan Information Property Type SFR Lien Position 2nd Trust Deed Trust Deed Amount $200,000 AVM Value $2.51Mil Amortization and Term Interest Only due in 12 mos. LTV on AVM Value 48.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied…
Covina, CA – Funding Now Download Full Summary – Covina, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $750,000 Appraised Value $1.2Mil Amortization and Term Interest Only due in 2 years LTV on Appraised Value 59.58% Loan Type Rental Purchase Occupancy Non-Owner Occupied Rate for Investor 9.50% Loan Maturity 11/01/2016
Los Angeles, CA – Funding Now Download Full Summary – Los Angeles, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $1.15Mil Appraised Value $3.6Mil Amortization and Term Interest Only due in 3 years LTV on Appraised Value 31.94% Loan Type Business Purpose Cash-Out Occupancy Owner Occupied Rate for Investor 8.50%…
Newport Beach, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $400,000 Estimated Value $3.8Mil Occup Non-Owner Occ. Interest Rate 11.00% CLTV on Est. Value 50.00% Loan Type Business Purpose Cash Out Amortization Interest Only due in 12 mos. Guaranteed Interest 4 months Loan Scenario: 690 Mid FICO Borrower and Real Estate Investor…
Long Beach, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $250,000 BPO Value $440,000 Occup Non-Owner Occ. Interest Rate 10.99% LTV on BPO Value 56.82% Loan Type Business Purpose Cash Out Amortization Interest Only due in 12 mos. Guaranteed Interest 6 months Loan Scenario: 730 Mid FICO Real Estate Investor and…
San Diego, CA Download Full Summary Property / Loan Information Property Type Land Lien Position 1st TD Loan Amount $270,000 Estimated Value $900,000 Occup Non-Owner Occ. Interest Rate 13.50% LTV on Est. Value 30.00% Loan Type Business Purpose Cash Out Amortization Interest Only due in 24 mos. Guaranteed Interest 6 months Loan Scenario: Real Estate Investor looking for a cash-out…
Jamestown, CA – Funding Now Download Full Summary – Jamestown, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $188,500 Purchase Price $290,000 Amortization and Term Interest Only due in 36 mos. LTV on Purch. Price 65.00% Loan Type Business Purpose Purchase Occupancy Non-Owner Occupied Rate for Investor 10.00% Loan Maturity 11/01/2017…
Norco, CA – Funding Now Download Full Summary – Norco, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $201,500 BPO Value $296,000 Amortization and Term Interest Only due in 12 mos. LTV on BPO Value 68.07% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.50% Loan Maturity 11/01/2015