Borrowers and business owners sought a cash-out 2nd TD of this owner-occupied SFR in San Diego County. Proceeds from this loan will be used to complete the construction of an office add-on to the existing home.
Our subject property is a beautiful one-story SFR located in San Diego and sits on an 18,361 sqft lot. The subject was built in 2006 and has 3,819 sqft of living space with 9 total rooms – 3 bedrooms, 3 baths and 3-car attached garage. The home is located in a gated community between the 5 and 15 fwys just east of Rancho Santa Fee. The property is close to, schools, restaurants, shopping, and recreation such as Black Mountain Park.
What we like about this Trust Deed opportunity:
- Very Strong Credit Scores
- Great San Diego County location
- 4 months Guaranteed Interest
- CLTV: 63.63% and 61.92% Net CLTV