| Property / Loan Information | |
| Property Type | Single Family Residence |
| Lien Position | 1st TD |
| Loan Amount | $981,750 |
| Appraised Value | $1,305,900 |
| Occup | Non-Owner Occ. |
| Lender Rate | 9.50% |
| LTV on Purchase Price | 75.17% |
| Loan Type | Business Purpose Purchase |
| Amortization | Interest Only Due in3 years |
| Guaranteed Interest | 6 months |
Loan Scenario:
666 FICO Borrower and Real Estate Finance Professional purchased this beautiful brand new Single Family Residence in the new Stafford at Greenwood development in Tustin as a real estate investment.
Subject Property is the Harrison Model featuring 3,961 s.f. with 4 bedrooms + guest suite, office, bonus, 4.5 baths, Panoramic Style Doors, and Fireplace in Legacy Room, covered deck, 2-car garage plus storage. Purchase Price is $1.3059 Mil. 12/4/15 completed BPO placed the property value at $1.50 Million.