Borrowers, real estate investors and business owners were seeking a cash-out 2nd TD on this El Cajon property to help fund their real estate investment business.

The subject is a ranch style SFR located in San Diego County.  The home is 1,225 sf with 6 total rooms and 3 BR/2 BA.  The home is single story and has a 2-car attached garage, in-ground swimming pool and sits on a 15,200 sf lot.  The property is near the I-5 and HWY 125 in the neighborhood of El Cajon Heights.  Schools, shopping, restaurants, recreation and medical facilities are all located nearby.

Recent Transaction – $50,000 Business Purpose, El Cajon, CA 92020

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