Self-employed and long-time business owner was seeking a cash-out 2nd TD on this beautiful owner-occupied property in Los Angeles county. Proceeds from this loan were used to invest into borrower’s business. The subject property is a unique SFR featuring a main house, guest house, storage units and horse stables. The main house is over 4,000 SF…
Chatsworth, CA DownloadRecent Transaction – Business Purpose Cash-Out Loan Funded – Chatsworth, CA Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $650,000 Appraised Value $1Mil Occup Non-Owner Occ. Lender Rate 9.50% LTV on Appraised Value 65.00% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 18 mos. Guaranteed Interest 6 months …
Chatsworth, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $206,400 Estimated Value $616,000 Occup Owner Occ. Interest Rate 10.99% LTV on Est. Value 33.51% Loan Type Business Purpose Cash-Out Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: 757 Mid FICO and retired…
Mortgage Vintage, Inc. facilitated a flix and flip loan in Chatsworth, CA in the amount of $344,500. Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $344,500 As Is Valuation $530,000 After Repair Value $650,000 Interest Rate 11% LTV on ARV 53% Loan Type Purchase Fix and Flip…
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