Recent Transaction – $150,000 Business Purpose Cash Out, Colton CA

Self-employed borrower was seeking a Business Purpose Cash-Out Refinance on this non-owner occupied SFR to expand his business, E&G Mobile Truck Washing.

Subject property is a single-story, single family residence located in Colton, CA.  The Property is a ranch style 2 bdrm/1 bath home with 870 sqft of livable space.  Property has been updated with newer cabinets, flooring and paint. The property is very conveniently located near the 10 & 215 FWY’s, San Bernardino Valley College, shopping, restaurants, schools and parks.