Successful Mortgage Vintage repeat borrowers and on-time payers sought a small cash-out 2nd TD on this owner occupied SFR in Agoura Hills. Borrowers are highly experienced real estate agents specializing in high end residential estate properties in the Malibu area with several multi-million dollar listings. Borrowers are seeking a loan to invest into their real estate business for a sophisticated marketing campaign on a number of current listings. The borrowers 1st TD of $857,000 is current and in good standing with @ 4.375% fixed rate maturing May 2044.
The subject property is a 2 story, 4 BED/4.5 BA SFR located in Agoura Hills. The subject property features 3,818 SF of gross living area and is situated on a 71,519 SF lot (the largest lot in the tract). The subject property has panoramic views, high end landscaping, and pool/spa. Agoura Hills is a picturesque suburban city located in the eastern part of Ventura County. The subject property is situated in the Conejo Valley, between the Simi Hills and the Santa Monica Mountains. With its stunning natural beauty, excellent schools, and upscale amenities, Agoura Hills is one of the most desirable places to live in Southern California.
What we like about this Trust Deed opportunity:
- Well maintained, SFR in Suburban Agoura Hills, LA County location
- Previous Mortgage Vintage borrower & on-time payer
- 10.00% annualized return
- 6 months Guaranteed Interest
- 3 months Prepaid Interest
$175,000 2nd TD @ 10.00%, 38.22% CLTV, SFR, Cash Out, $35,000 Min Investment, Agoura Hills