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62% LTV; R&T Refi on an Office Condo 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 one-story office condo building with a GBA (Gross Building Area) of 2,824 square feet. The subject is built-out to 11 executive office suites with half a bathroom.
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
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
70% LTV; Purchase of a 8
Texas
Our borrower put down 30% plus closing costs to acquire her new N/O/O investment property. The...
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Price:$766k
UPB%:100%
Rate:9%
LTV:70%
YTM:N/A
61% LTV; C/O Refi of a N/O/O
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:$365k
UPB%:101%
Rate:6%
LTV:61%
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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