Funded – Cash Out Refinance in Inglewood, CA.
Duplex Property – Rehab, Cash Out Refinance Loan.
60% LTV, Note Rate 11.5%, First Trust Deed,
| Property / Loan Information | |
| Property Type | SFR |
| Lien Position | 1st TD |
| Loan Amount | $225,000 |
| Est Valuation | $375,000 |
| Actual Rent | $2,70 |
| Interest Rate | 11.50% |
| LTV on Est Value | 60.00% |
| Loan Type | Business Purpose Cash-Out Refi |
| Amortization | 40 Year amort/due in 2 years |
| Guaranteed Interest | 3 months |