Recent Transaction in Simi Valley: $76,000 @ 10.00%, 2nd TD, Cash-Out, Condo, 13.82% CLTV

Brokers, Recent Transactions, Simi Valley

Business owners sought a cash-out 2nd TD of this owner occupied Condo in Simi Valley, Ventura County.  Proceeds from this loan will be invested into the Borrower’s Allstate Insurance business. Our subject property is a well appointed two-story Condo located in Simi Valley.  The subject was built in 1987 and has 1,137 sqft of living space…

Done Deal! Recently Closed Private Money 2nd TD: $119,000, 69.97% CLTV, 10.50% Lender Rate, Simi Valley, CA

Brokers, Recent Transactions, Simi Valley

Real estate investor was seeking a business purpose cash-out 2nd TD to make improvements to a non-owner occupied SFR investment property in Simi Valley in Ventura County. The subject property is a contemporary style SFR located in Simi Valley in Ventura County.  The two-story home is 3,163 SF and sits on a large 10,454 SF…

Recently Funded Hard Money Loan in Simi Valley for $65,000

Borrowers, Brokers, Investors, Los Angeles, Recent Transactions, Simi Valley, Ventura County

  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  …

Rental Purchase Loan Funded – Simi Valley, CA

Brokers, Recent Transactions, Simi Valley

Simi Valley, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $350,000 Purchase Price $500,000 Occup Non-Owner Occ. Interest Rate 10.75% LTV on Purch. Price 70.00% Loan Type Rental Purchase Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: Real Estate Investor, previous borrower of Mortgage…