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55% LTV; R&T Refi on a Mixed Use Prop. in Victorville, CA
Our borrower, with excellent credit, used the proceeds of our mortgage loan against his investment property to consolidate debt. The subject is a mixed-use property that generates a good cash flow with 1.4x DSCR (Debt Service Coverage Ratio) based on our mortgage Note rate. The subject property is a two-story office condo building with a GBA (Gross Building Area) of 5,586 square feet. The subject is built-out to 24 executive office suites with 3 ½ bathrooms, a conference room and kitchenette.
65% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against his home to inject working capital into...
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Price:$2.6M
UPB%:100%
Rate:9%
LTV:65%
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
70% LTV; Refi of a Mixed-Use
California
Our borrower, with strong credit scores, brought in funds to close and took our loan to consolidate...
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Price:$329k
UPB%:100%
Rate:8%
LTV:70%
YTM:N/A
43% LTV; Gift of Equity Refi
California
Our borrowers, with strong credit scores, used our low loan-to-value mortgage to consolidate the...
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Price:$145k
UPB%:100%
Rate:7%
LTV:43%
YTM:N/A
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

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