Property / Loan Information
Property TypeSFR
Lien Position1st TD
Loan Amount$5.6Mil
Appraised Value$9.56Mil
OccupNon-Owner Occ.
Lender Rate10.00%
LTV on Appraised Value58.57%
Loan TypeBusiness Purpose Cash-Out
AmortizationInterest Only Due in 36 mos.
Guaranteed Interest6 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.