Recently Funded! Hard Money Loan in Yorba Linda: $260,000 @11.00%, 2nd TD, Cash-Out, SFR, 56.76% CLTV

Brokers, Recent Transactions, Yorba LindaLeave a comment

Loan Summary The borrower sought a $260,000 business-purpose 2nd Trust Deed secured by an owner-occupied townhome located in the highly desirable Covington community of Yorba Linda, Orange County, CA. Loan proceeds will be used for expansion capital for the borrower’s educational consulting business. The borrower’s 1st Trust Deed is in the amount of $336,000 with…

Recently Funded Hard Money Loan in Yorba Linda for $60,000

Borrowers, Brokers, Investors, Orange County, Recent Transactions, Yorba Linda

  Yorba Linda, CA         recent-transaction-2nd-business-purpose-cash-out-loan-funded-yorba-linda-ca Property / Loan Information Property Type SFR Lien Position 2nd TD Loan Amount $60,000 BPO Value $375,000 Occup. Non-Owner Lender Rate 10.50% CLTV on BPO             58.13% Loan Type Business Purpose Cash-Out Amortization Interest Only Due in 24 mos. (Balloon) Gtd.…