Mortgage Loan Processor Job Description Mortgage Vintage, Inc. has a job opening for a Mortgage Loan Processor who will be responsible for verifying, sorting and compiling data relevant to loan origination, loan applications, loan processing, underwriting, lender sales and servicing. If you are this person or know someone who is please contact us!
Trust Deed Investments Win the Gold Medal USA Today recently reported that “Money funds are yielding an average 0.03%. The highest-yielding one-year bank CD, from CIT bank, is yielding 1.1%, says Bankrate.com — $5,500 a year from a $500,000 deposit. OUCH! If you’re tired of seeing your money tied up in low-yielding accounts, we have good…
Moreno Valley, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $81,900 As Is Valuation $126,000 After Repair Value $140,000 Monthly Rent $1,250/mo LTV on ARV 41.63% Loan Type Purchase Amortization 40 Year amort/due in 36 months Prepay Penalty 6 months
Ramona, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $256,000 As Is Valuation $450,000 Appraisal/s.f. $245/s.f. LTV on ARV 41.63% Loan Type Refinance Amortization 30 Year amort/due in 11 months Prepay Penalty 6 months
Ladera Ranch, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD 1st TD Loan Amount $283,400 As Is Valuation $436,000 Rent Estimate $2,665/mo LTV on Purchase 65.00% Loan Type Investment Purchase Amortization 40 Year amort/due in 3 yr Prepay Penalty 6 months
Chatsworth, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $344,500 As Is Valuation $530,000 Repaired Value $650,000 LTV on AVM 60.00% Loan Type Purchase-Fix & Flip Amortization 40 Year amort/due in 1 yr Prepay Penalty 6 months
Irvine, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position Second Trust Deed Amount $339,000 Property Valuation $957,900 Amortization and Term 30 Year amort/due in 3 years CLTV on As Is Valuation 60.18% Loan Type Business Purpose Cash-Out Occupancy Owner Occupied Prepay Penalty 6 months
Investors in Trust Deeds understand and appreciate the value of real estate as well as certain fundamentals about real estate lending. They like the fact that real estate is a tangible asset. An investor can visually inspect the property securing the loan — they can actually walk through it, examine it and touch it. There…
When a loan is completed on a home, there are two parts to the transaction: the Promissory Note and the Deed of Trust. This Deed of Trust is also referred to as a ‘Trust Deed’ and is a Recorded ownership interest in a property. This Trust Deed is the legal document that shows who is…