Beverly Hills, CA
Download Recent Transaction – Business Purpose Cash-Out Loan Funded – Beverly Hills, CA
| Property / Loan Information | |
| Property Type | SFR |
| Lien Position | 1st TD |
| Loan Amount | $5.6Mil |
| Appraised Value | $9.56Mil |
| Occup | Non-Owner Occ. |
| Lender Rate | 10.00% |
| LTV on Appraised Value | 58.57% |
| Loan Type | Business Purpose Cash-Out |
| Amortization | Interest Only Due in 36 mos. |
| Guaranteed Interest | 6 months |
Loan Scenario:
Beautiful SFR located in Beverly Hills, CA with fireplace, swimming pool and panoramic view of canyons/mountains, distant city lights and ocean views. Property consists of the main house with entry/foyer, guest/powder room, dining and family room. Detached from the house is the guest house with 1 bed/1 bath, swimming pool, spa and patio/deck with walking paths. Mortgage Vintage, Inc. was able to fund the loan quickly within 3 business days from receiving the signed Term Sheet.