Borrowers and business owners saught a business purpose cash-out 2nd TD on this owner-occupied Camarillo, CA single family residence to invest back into his Ventura County marina business for minor updates and repairs.

The subject property is a beautiful two-story Spanish style home sitting on a 34,871 SF lot.  The home is 3,673 SF with 9 total rooms and 4 BR/3 BA and features beautiful views, back yard and patio and 3 fireplaces.  The subject is near Las Posas Country Club as well as Sterling Hills Golf Club.  Schools, shopping, dining, medical facilities and recreation are all nearby as are HWYs 118 and 101.  The 1st TD is held by Loan Depot at 3.875%.

Recent Transaction – $110,000 Business Purpose , Camarillo, CA 93010

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