San Francisco, CA
Download Recent Transaction – $165,000.00 Business Purpose Cash Out – San Francisco, CA
| Property / Loan Information | |
| Property Type | Single Family Residence |
| Lien Position | 1st TD |
| Loan Amount | $165,000 |
| Broker Price Opinion (BPO) | $670,000 |
| Occup | Owner Occ. |
| Lender Rate | 9.00% |
| LTV on Appraisal | 24.63% |
| Loan Type | Business Purpose Cash Out |
| Amortization | Interest Only Due in 60 mos. |
| Guaranteed Int. | 6 months |
Loan Scenario:
Self-employed borrower saught a business purpose cash out to payoff 1st mortgage and expand her security and notary business.
Subject is a contemporary 1-story, 2 bedrooms 1 bath Single Family Residence located in San Francisco. The Property measures 875 sf of gross living area, and is situated on a 2,495 sf lot. Property is close to the 280 and 101 freeways, park and resides on a dead-end street. Property features a 1 car attached garage.
Mortgage Vintage, Inc. was able to fund this hard money loan in San Francisco, CA, within 3 business days from receiving the signed Term Sheet.