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Need Lenders for Secured 2nds on New Construction
Florida Builder of Affordable Housing in Tampa/St Pete MSA Looking for funding of short term second position loans for new construction. Total of 1st and 2nd will not exceed 70% LTV. Typical 12 month term
55% LTV; Purchase of a
California
Our borrower received a gift from her father for the 45% down payment plus closing costs she used to...
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Price:$245k
UPB%:100%
Rate:7%
LTV:55%
YTM:N/A
47% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our low loan-to-value mortgage loan against his home to consolidat...
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Price:$3.2M
UPB%:100%
Rate:7%
LTV:47%
YTM:N/A
45% LTV; Refi of a 53 Unit
Texas
Our borrower used the proceeds of our loan to refinance his existing mortgage and to pull some cash...
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Price:$385k
UPB%:100%
Rate:9%
LTV:45%
YTM:N/A
50% LTV; C/O Refi of a
California
Our borrower with relatively good credit, used the proceeds of our low loan-to-value mortgage loan...
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Price:$287k
UPB%:100%
Rate:7%
LTV:50%
YTM:N/A
$145K 3rd lien position 50%
Tennessee
Selling this high-yield low-risk loan on a beautiful +/- 5500 sf home on 5.5 acres in suburban...
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Price:$145k
UPB%:100%
Rate:12%
CLTV:50%
YTM:N/A

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