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46% LTV; R&T Refi on an Office Condo in Visalia, CA
Our borrower used the proceeds of our mortgage loan against his investment property to consolidate debt and acquire additional real estate investments. The subject is a mixed-use property that generates a good cash flow with 1.1x DSCR (Debt Service Coverage Ratio) based on our mortgage Note rate. The subject property is a single-tenant office building with a GBA (Gross Building Area) of 1,872 square feet. The property consists of individual offices, a waiting / reception area and a restroom.
55% LTV; Cash-Out Refi of a
California
Our borrower used the proceeds of our mortgage loan against his owner-user retail building to inject...
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Price:$324k
UPB%:100%
Rate:9%
LTV:55%
YTM:N/A
55% LTV; Purchase of a
California
Our borrower received a gift from her father for the 45% down payment plus closing costs she used to...
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Price:$245k
UPB%:100%
Rate:7%
LTV:55%
YTM:N/A
62% LTV; R&T Refi on an
California
Our borrower, with excellent credit, used the proceeds of our mortgage loan against his investment...
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Price:$210k
UPB%:100%
Rate:8%
LTV:62%
YTM:8%
55% LTV; C/O Refi of a
California
Our borrower with good credit scores used the proceeds of our mortgage loan against her investment...
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Price:$660k
UPB%:100%
Rate:8%
LTV:55%
YTM:N/A
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

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