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Cafe/C-Store Refinance
New Loan: $650,000 @ 7% Interest Only, 48 Months, New Loan LTV 41%, Value $1,590,000, DCR 1.99, Credit Score 750. Must refinance existing loan by July 2018. Owners have successfully operated this business for 12 years. PLEASE no SBA loans offers. Owner is a developer with plans to improve this 47 acre parcel. Owner also owns the 57 acre parcel adjacent to Cafe parcel, and operates a 185 space premier RV resort. Great borrower with zero debt and excellent credit score.
57% LTV; C/O Refi of a 6-Unit
California
Our repeat borrowers, with strong credit scores, who have paid us perfectly, used the proceeds of...
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Price:$1M
UPB%:100%
Rate:7%
LTV:57%
YTM:N/A
55% LTV; R&T of an O/O
California
Our borrower brought cash to close on the extremely low loan-to-value mortgage loan against her...
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Price:$67k
UPB%:100%
Rate:8%
LTV:15011%
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
55% LTV; R&T of an O/O
California
Our borrower brought cash to close on the extremely low loan-to-value mortgage loan against her...
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Price:$67k
UPB%:100%
Rate:8%
LTV:15011%
YTM:N/A
Texas Land Note
Texas
10 acre tract near DFW 119k note balance at 10% interest for 30 years. I am looking to sell the...
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Price:$100k
UPB%:83%
Rate:10%
LTV:77%
YTM:15%

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