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60% LTV; C/O Refi of a N/O/O Retail Comm. Bldg. in NoHo, CA
Our borrower used the proceeds of our mortgage loan against his N/O/O investment property to make improvements to the subject. The property generates a good cash flow with a 3.2x DSCR (Debt Service Coverage Ratio) based on our Promissory Note rate. The subject consists of one-story, stand-alone building with a GBA (Gross Building Area) of 898 square feet. The building has been retrofitted as a professional recording studio.
60% LTV; C/O Refi of a N/O/O
California
Our borrower used the proceeds of our mortgage loan against his N/O/O investment property to make...
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Price:$192k
UPB%:100%
Rate:8%
LTV:60%
YTM:N/A
60% LTV; C/O Refi of a N/O/O
Texas
Our borrower used the proceeds of our mortgage loan against her N/O/O investment property to grow...
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Price:$165k
UPB%:100%
Rate:8%
LTV:60%
YTM:N/A
57% LTV; Refi of a N/O/O
California
Our borrowers, with relatively good credit scores, brought cash to closing to consolidate the debt...
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Price:$336k
UPB%:100%
Rate:8%
LTV:57%
YTM:N/A
57% LTV; C/O Refi of a N/OO
California
Our borrower used the proceeds of our relatively low loan-to-value mortgage loan against her N/O/O...
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Price:$975k
UPB%:100%
Rate:7%
LTV:57%
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

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