Recent Transaction in Stockton: $300,000 @ 8.50%, 1st TD, Cash-Out, SFR, 60.00% LTV

Successful Mortgage Vintage borrower and Business owner with a 763 credit score is seeking a new business purpose cash-out 1st TD on this non-owner occupied investment property in Stockton, CA in San Joaquin County.  Funds from our loan will be used to make improvements to the existing property and to invest in borrower’s business.  …

Recently Funded Hard Money Loan – Stockton: $277,500,1st TD, 75.00% LTV, 9.75% Lender Rate

Real Estate Broker, successful real estate investor and U.S Passport holding borrower was seeking a 1st TD to purchase this Stockton, CA SFR investment property.  Borrower plans to purchase this property and hold for the long-term. The subject is contemporary style 2,533 sf SFR that sits on a large 7,784 sf lot.  The subject property …