Real estate investor sought a cash-out refinance 1st TD on this SFR non-owner occupied rental property in Compton, CA in Los Angeles County. Funds from our loan will be used to payoff existing 1st and additional cash-out used to make minor upgrades to subject property. The subject property is 1,182 SF bungalow style SFR sitting…
Son and Mother, Borrower and Co-Borrower, were seeking a Business Purpose Cash-Out to make improvements to the Non-Owner Occupied long time inherited family property and to pay delinquent property taxes. Free and Clear subject property is a 1 story, single family residence located in Compton. The Property is a 3 bdrm/1 bath home that is…
Self-employed Borrower was seeking a Business Purpose Cash-Out Refinance to complete construction of a duplex in Compton. The funds will be used to payoff an existing loan and complete construction. $30,000 was collected for funds control. Borrower has put over $100K into the construction of the property. Subject is 80% complete and will be a…
Loan Amount: $132,000
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