Loan Summary
The borrower sought a $260,000 business-purpose 2nd Trust Deed secured by an owner-occupied townhome located in the highly desirable Covington community of Yorba Linda, Orange County, CA. Loan proceeds will be used for expansion capital for the borrower’s educational consulting business.
The borrower’s 1st Trust Deed is in the amount of $336,000 with Freedom Mortgage, which is in good standing with an excellent payment history. The loan carries a low fixed interest rate of 3.375% with a monthly PITI payment of $1,752 and matures on June 1, 2051.
Property Description
The subject property is a two-story townhome built in 2015 offering approximately 2,061 square feet of living space with 4 bedrooms and 3.5 bathrooms. The floor plan includes a downstairs bedroom and full bath, open-concept living and dining areas, upgraded kitchen with stainless steel appliances, loft space, and a direct-access two-car attached garage. Additional features include a fireplace, private patio/deck, water filtration system, EV charging capability, and access to community amenities including a pool and playground.
A February 7, 2026 interior BPO indicates an as-is market value of $1,050,000, with a suggested list price of $1,070,000.
Yorba Linda is recognized as one of Orange County’s premier residential communities, known for its highly rated Placentia-Yorba Linda Unified School District, strong owner-occupant demand, and stable property values. The property benefits from proximity to the newly developed Yorba Linda Town Center offering shopping, dining, and entertainment, and is conveniently located near the Nixon Library as well as the 90 and 91 freeways.
What we like about this Trust Deed opportunity:
- Yorba Linda desirable location townhome with nice pool + park amenities
- Low 3.375% fixed interest rate and low $1,752 monthly payment on 1st TD
- Low 56.76% LTV and 55.99% Net
- 5 months guaranteed interest
- 3 months Prepaid Interest
