Loan Summary Borrower and real estate investor sought a 2nd TD business-purpose cash-out loan secured by a recently updated, Colonial-style, owner-occupied single-family residence located in a prime Pasadena neighborhood in Los Angeles County, CA. The subject property is a large estate home in a high-demand luxury submarket. Loan proceeds will be used as working capital…
Good credit, self-employed Borrowers seeking a business purpose cash-out 2nd TD to further grow their medical and urgent care business facilities. Borrowers are previous successful Mortgage Vintage borrowers. Subject Property is a non-owner occupied 2-story, 7 BR / 6 BA Tudor SFR in the Linda Vista neighborhood of Pasadena. The home has 5,463 sqft of…
Pasadena, CA Download $2.08 Mil 1st Trust Deed Funded – Pasadena CA Property / Loan Information Property Type Single Family Residence Lien Position 1st TD Loan Amount $2,080,000 Appraised Value $3.20Mil Occup Non-Owner Occ. Lender Rate 10.75% LTV on Purchase Price 75.17% Loan Type Business Purpose Purchase Amortization Interest Only Due in 18 mos. Guaranteed…
Pasadena, CA Download Full Summary Property / Loan Information Property Type SFRs & Duplex Lien Position 1st TD Loan Amount $1,386,000 Appraised Value $2,310,000 Occup Non-Owner Occ. Interest Rate 10.75% 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…
Pasadena, CA – Funding Now Download Full Summary – Pasadena, CA Property / Loan Information Property Type SFRs & Duplex Lien Position 1st Trust Deed Trust Deed Amount $1.386Mil Appraised Value $2.31Mil Amortization and Term 40 Year amort/due in 3 years LTV on Appraised Value 60.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for…
Pasadena, CA – Funding Now Download Full Summary – Pasadena, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $3.9Mil Appraised Value $6.5Mil Amortization and Term 40 Year amort/due in 3 years LTV on Appraised Value 60.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.00%…