|Property / Loan Information|
|Lien Position||2nd TD|
|CLTV on Appraised Value||48.61%|
|Loan Type||Business Purpose Cash-Out|
|Amortization||Interest Only Due in 18 months|
|Guaranteed Interest||12 months|
627 Mid FICO Business Owners and current borrower of Mortgage Vintage looking for a business purpose cash-out on this beautiful mountain view SFR in Los Angeles to help finance inventory and growth for family business. Mortgage Vintage, Inc. was able to fund the loan quickly within 3 business days from receiving the signed Term Sheet.