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…
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…
Eureka, CA DownloadRecent Transaction – Business Purpose Purchase Loan Funded – Eureka, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $120,000 BPO Value $175,000 Occup Non-Owner Lender Rate 10.00% LTV on BPO Value 68.57% Loan Type Business Purpose Purchase Amortization Interest Only Due in…
Los Angeles, CA DownloadRecent Transaction – Business Purpose Cash-Out Loan Funded – Van.L.A., CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $177,500 BPO Value $355,000 Occup Non-Owner Lender Rate 9.00% LTV on BPO Value 50% Loan Type Business Purpose Cash-Out Amortization Interest Only…
Santa Ana, CA DownloadRecent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Cam.Santa Ana, CA Property / Loan Information Property Type 4-plex Lien Position 2nd TD Loan Amount $143,750 BPO Value $790,000 Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 65.68% Loan Type Business Purpose Cash-Out…
Arcadia, CA DownloadRecent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Arcadia, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $700,000 BPO Value $1.65Mil Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 59.48% Loan Type Business Purpose Cash-Out Amortization…
Santa Ana, CA Download Recent Transaction – 2nd Business Purpose Cash-Out Loan Funded – Santa Ana, CA Property / Loan Information Property Type 4-plex Lien Position 2nd TD Loan Amount $143,750 BPO Value $775,000 Occup Non-Owner Lender Rate 10.25% CLTV on Est. Value 65% Loan Type Business Purpose…
“A team is only as strong as its weakest player.” “A chain is only as strong as its weakest link.” Do you remember these sayings? The mantra also applies to a Hard Money Lender’s team and specifically to their Title and Escrow Company. Having a solid Title and Escrow Company in any real estate transaction…
Low Interest Rates, Unemployment below 5%, housing prices increasing by 5% and the improving economy are assisting borrowers improve their credit scores. The share of U.S. adults with credit scores that are considered “subprime” fell to 20.7% in April, the sixth consecutive year-over-year decline and the lowest level since at least 2005, according to…
Glendale, CA Download Recent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Glendale, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $153,750 Est. Lender Value $875,000 Occup Non-Owner Occ. Lender Rate 10.50% CLTV on Est. Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. Guaranteed…
Perris, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Perris, CA Property / Loan Information Property Type Residential Mfg. Home Lien Position 1st TD Loan Amount $130,500 BPO Value $225,000 Occup Non-Owner Occ. Lender Rate 9.50% LTV on BPO Value 58.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int.…
Los Angeles, CA Download Recent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Los Angeles Arts District, CA Property / Loan Information Property Type Industrial Building Lien Position 2nd TD Loan Amount $375,000 ARV Appraised Value $3.4Mil Occup Owner Occ. Lender Rate 10.00% CLTV on Appraised Value 49.48% Loan Type Business Purpose Cash-Out Amortization Interest Only…
San Bernardino, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – San Bernardino, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $110,500 BPO Value $170,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Int.…
Learn about Funds Control and why it is important With summer upon us, Hard Money Lenders and Trust Deed Investors should make sure a Borrower applies the funds from the Rehab or Construction loan to the rehab or construction project and not a trip to Cabo. The best way to ensure the money from…
Los Angeles, CA Download Recent Transaction – 2nd TD Business Purpose Cash-Out Loan Funded – Los Angeles, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $857,440 ARV BPO Value $3.35Mil Occup Non-Owner Occ. Lender Rate 10.75% CLTV on BPO Value 49.48% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in…
Calabasas, CA DownloadRecent Transaction – Business Purpose 2nd TD Cash-Out Loan Funded – Calabasas, CA Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $116,000 BPO Value $1.6Mil Occup Non-Owner Occ. Lender Rate 11.00% CLTV on BPO Value 59.50% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in36 mos. Guaranteed Interest 6 months …
Los Angeles, CA Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Los Angeles, CA Property / Loan Information Property Type Residential Duplex Lien Position 2nd TD Loan Amount $140,000 Estimated Valuation $700,000 Occup Non-Owner Occ. Lender Rate 11.00% LTV on Est. Value 64.42% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 12 mos. Guaranteed…
Northridge, CA Download Recent Transaction – Business Purpose Purchase – Northridge, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $521,500 BPO Value $745,000 Occup Non-Owner Occ. Lender Rate 10.00% LTV on BPO Value 70.00% Loan Type Business Purpose Purchase Amortization Interest Only Due in 24 mos. Guaranteed Interest 6 months Loan…
Lake Elsinore, CA Download Recent Transaction – Blanklet Loan Funded – Lake Elsinore, CA Property / Loan Information Property Type Condo, PUD Lien Position 1st TD Loan Amount $175,500 Est. Valuation $280,000 Occup Non-Owner Occ. Lender Rate 9.25% LTV on Est. Value 62.67% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 36 mos. Guaranteed Interest 6 months…
During the recent Stock Market swoon, I kept reading the daily diaries of various market prognosticators. One day the market was down because of China, the next day the market was down because of oil, the next day the market was up because of China and the next day the market was up because of…