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70% LTV; 790 FICO; C/O Refi on an Office Condo in Dallas, TX
Our borrower, with excellent credit, used the proceeds of our mortgage loan against his investment property to consolidate debt and acquire additional real estate. The subject is a mixed-use property that generates a good cash flow with 1.2x DSCR (Debt Service Coverage Ratio) based on our mortgage Note rate. The subject property is a multi-tenant professional office condo with a NRA (Net Rental Area) of 3,438 square feet. The property consists of 2 adjacent office suites which share a common wall.
55% LTV; Rate & Term
California
Our borrower used the proceeds of our mortgage loan against his investment property to consolidate...
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Price:$2.4M
UPB%:100%
Rate:9%
LTV:55%
YTM:N/A
59% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against his primary residence to inject working...
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Price:$3.2M
UPB%:100%
Rate:8%
LTV:59%
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:9%
LTV:65%
YTM:N/A
45% LTV; Purchase of a Retail
California
Our borrower, with good credit, put down 55% plus closing costs to acquire his new retail commercial...
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Price:$457k
UPB%:100%
Rate:7%
LTV:45%
YTM:N/A
55% LTV; R&T Refi on a
California
Our borrower, with excellent credit, used the proceeds of our mortgage loan against his investment...
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Price:$374k
UPB%:100%
Rate:8%
LTV:55%
YTM:N/A

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