1. Loan Purpose: Borrower and real estate investor sought a $345,000 2nd Trust Deed business purpose cash out loan on this non-owner-occupied, recently renovated and fully tenant occupied, detached duplex investment rental property in Duarte, Los Angeles County, CA. The city of Duarte is located 15 minutes east of Pasadena, CA. The funds from this…
Moreno Valley, CA – Funding Now Download Full Summary – Moreno Valley, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $135,000 BPO Value $225,000 Amortization and Term Interest Only due in 3 years LTV on BPO Value 60.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.00% Loan…
San Bernardino, CA – Funding Now Download Full Summary – San Bernardino, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $58,500 BPO Value $90,000 Amortization and Term Interest Only due in 12 mos. LTV on BPO Value 65.00% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 10.00%…
Victorville, CA – Funded 6/10/14 Download Full Summary – Victorville, CA Property / Loan Information Property Type SFR Lien Position 1st Trust Deed Trust Deed Amount $105,000 Current Valuation $187,000 Amortization and Term 40 Year amort/due in 3 years LTV on Current Value 56.15% Loan Type Business Purpose Cash-Out Occupancy Non-Owner Occupied Rate for Investor 8.75% Loan Maturity…