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SFR non owner occupied, $14,000. per month rental income
Rate is 10.5% loan is 6 months. Property appraised value is $2.2 million, loan value is $1.2 million. Loan pays of 1st and leaves funds to Borrower for other investments. 30-Yr mortgage will take out the loan in Nov2017 This is a quality loan, the person buying it turned out to be a broker. We do not do business with brokers unless we have confidence and knowledge of their ability.
70% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against her N/O/O investment property to grow...
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Price:$441k
UPB%:100%
Rate:8%
LTV:70%
YTM:N/A
70% LTV; 1x DSCR; C/O Refi of
California
Our borrower, with relatively strong credit scores, used the proceeds of our mortgage loan against...
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Price:$217k
UPB%:100%
Rate:8%
LTV:70%
YTM:N/A
55% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against his owner-user retail building to inject...
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Price:$324k
UPB%:100%
Rate:8%
LTV:55%
YTM:N/A
65% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against her home to inject working capital into...
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Price:$256k
UPB%:100%
Rate:8%
LTV:65%
YTM:N/A
Commercial property and SFR
South carolina
Blanket loan of $400k against 2 properties. Collateral includes the purchased new commercial...
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Price:$400k
UPB%:100%
Rate:13%
LTV:42%
YTM:12%

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