Self-employed borrower was seeking a business purpose cash-out loan for this owner occupied property to invest in his appliance delivery business (RI Enterprise) and make repairs to his delivery trucks.
Subject property is a two story single family residence located in Hacienda Heights. The home is a 6 BR / 4 BA single family residence that features a patio, central air conditioning and a 2 car detached garage – built in 1958. The property is situated near the 60 FWY. Shopping, dining, recreation and schools are all located within a few short blocks.