|Property / Loan Information|
|Lien Position||1st TD|
|LTV on Purch Price||70.00%|
|Loan Type||Business Purpose Purchase|
|Amortization||Interest Only Due in 24 mos.|
|Guaranteed Int.||6 months|
Real Estate Investor who is employed as a Marketing Director for a realty company in Van Nuys is seeking a hard money loan in order to purchase the subject property as an investment. Subject property is a 1,495 S.F. SFR built on a 7,800 S.F. lot in Fontana, CA. The garage is 422 S.F. and is attached to the subject and accommodates 2 vehicles. The subject has 4 beds/2baths and is located in a suburban area of Fontana. Subject is currently rented for $2,000/mo. Mortgage Vintage, Inc., was able to fund this hard money loan in Fontana, CA, within 3 business days from receiving the signed Term Sheet.