| Property / Loan Information | |
| Property Type | SFR |
| Lien Position | 1st TD |
| Loan Amount | $950,000 |
| Comb. Zillow Value | $2,180,000 |
| Occup | Owner |
| Lender Rate | 9.50% |
| LTV on Comb. Zillow | 43.58% |
| Loan Type | Owner Occupied Consumer Purpose Bridge Loan |
| Amortization | Interest Only Due in 11 months (Balloon) |
| Subj. Purch. Price | $1,200,000 |
Loan Scenario:
Borrowers looking to purchase subject SFR in Camarillo w/ cash plus a loan on subject & cross- collateral property also in Camarillo. Subject is a 4 bed/3 bath, 3,673 s.f. SFR sitting on a 34,871 s.f. lot w/ a 220-degree view. Mortgage Vintage, Inc., was able to fund this hard money loan in Camarillo, CA, w/in 3 business days from receiving the signed Term Sheet.