This opportunity was a business purpose cash-out 2nd TD on an owner occupied SFR in Victorville. The borrower owns a non-emergency transportation business and used the proceeds for working capital and to pay off business related debt. The subject property is a ranch style SFR located in the Victorville in San Bernardino County. The single-story…
Victorville, CA Download recent-transaction-70000-business-purpose-purchase-loan-funded-victorville-ca Property / Loan Information Property Type Residential Manufactured Home Lien Position 1st TD Loan Amount $70,000 Broker Price Opinion $123,000 Occup Non-Owner Occ. Lender Rate 10.75% LTV on BPO 56.91% Loan Type Business Purpose Cash Out Amortization Interest Only Due in 36 mos. Guaranteed Int. 6 months Loan Scenario: Real Estate…
Victorville, CA Download Full Summary Property / Loan Information Property Type SFR Lien Position 1st TD Loan Amount $105,000 BPO Value $175,000 Occup Non-Owner Occ. Interest Rate 11.25% LTV on BPO Value 60.00% Loan Type Business Purpose Cash-Out Amortization 40 Year amort/due in 3 years Guaranteed Interest 6 months Loan Scenario: Real Estate Investor looking for…
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…