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38% LTV; C/O Refi on a Mixed-Use Property in Houston, TX
Our borrowers used the proceeds of our low loan-to-value mortgage loan against their investment property to consolidate debt and make property improvements to the subject. The subject is a mixed-use property that generates a good cash flow with 1.3x DSCR (Debt Service Coverage Ratio) based on our mortgage Note rate. The subject property is a one-story retail strip center with a GBA (gross building area) of 7,100 square feet. 51% of the property is owner occupied and is being used as vehicular storage. The remaining suites are leased to 2 retail tenants, a restaurateur and a message therapist.
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
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
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
46% LTV; R&T Refi on an
California
Our borrower used the proceeds of our mortgage loan against his investment property to consolidate...
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Price:$204k
UPB%:100%
Rate:7%
LTV:46%
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

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