Real estate investor was seeking a cash-out 1st TD on this non-owner occupied SFR in La Verne in Los Angeles County. Our MVI loan paid off an existing 1st TD as well as provided cash-out to make repairs to the same property and payoff student loans. The subject is a traditional style single level home…
La Verne, CA Download Full Summary Property / Loan Information Property Type SFR & Land Lien Position 1st TD Loan Amount $1,000,000 Appraised Value $2,100,000 Occup Non-Owner Occ. Interest Rate 10.99% LTV on Appraised Value 60.00% Loan Type Business Purpose Cash Out Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: 645 Mid FICO and…
La Verne, CA – Funding Now Download Full Summary – La Verne, CA Property / Loan Information Property Type SFR & Land Lien Position 1st Trust Deed Trust Deed Amount $1.0 Mil Appraised Value $2.1 Mil Amortization and Term 40 Year amort/due in 3 mos. LTV on Appraised Value 60.00% and 27.5% Loan Type Business Purpose…