Real estate investor, 684 credit score borrower and full time wage earner with over 13 years at current employer as a medical assistant was seeking a cash-out 2nd TD on this non-owner occupied Santa Ana property. Loan proceeds will be used to make upgrades and repairs to the subject property.
The subject property is a single-story, bungalow style SFR sitting on a 5,508 sqft lot in Santa Ana. The home is 673 sqft with 5 rooms and 2 bedrooms and 1 bath with a 1-car attached garage. The property is conveniently located near I5 and 55 HWY as well as parks, recreation, shopping, schools, restaurants and medical facilities. Subject property rents for $2,250 monthly.
Recent Transaction – $79,000.00 Business Purpose Cash Out Re-Fi, Santa Ana, CA
