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55% LTV; Purchase of a Mixed-Use Property in Crockett, CA
Our borrower received a gift from her father for the 45% down payment plus closing costs she used to acquire her new investment property. The subject property generates a good cash flow with 1.1x Debt Service Coverage Ratio based on our note rate. The subject consists of a two-story multi-tenant mixed use property with a GBA (Gross Building Area) of 2,558 square feet. The property includes a commercial unit (Realty office) and 2 residential units with the following breakdown: ? Commercial Unit ?? 683 square feet. ? Residential unit #1 - 3+1 w/ 890 sqft. ? Residential unit #2 - 2+1 w/ 985 sqft.
55% LTV; R&T Refi on a
California
Our borrower, with excellent credit, used the proceeds of our mortgage loan against his investment...
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Price:$374k
UPB%:100%
Rate:8%
LTV:55%
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
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
70% LTV; Purchase of a N/O/O
Texas
Our borrower put down 30% plus closing costs to acquire her new N/O/O investment property. The...
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Price:$182k
UPB%:100%
Rate:8%
LTV:70%
YTM:N/A
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

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