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57% LTV; C/O Refi of a 6-Unit Multi-Family Prop. in L.A., CA
Our repeat borrowers, with strong credit scores, who have paid us perfectly, used the proceeds of our mortgage loan against their investment property to perform extensive renovations on the subject in order to maximize their income on the 6-unit investment property. The property generates a good cash flow with a 1.1x DSCR (Debt Service Coverage Ratio) based on our Promissory Note rate. The subject is a 6-Unit multi-family which has a GBA (Gross Building Area) of 7,327 square feet with the following breakdown: �?� Three 5+2s with approx.1,300 sqft. �?� Three 4+2s with approx. 1,100 sqft.
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
48% LTV; Cash-Out Refi of a
California
Our borrowers used the proceeds of our relatively low loan-to-value mortgage loan against their home...
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Price:$340k
UPB%:100%
Rate:7%
LTV:48%
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
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
55% LTV; C/O Refi of a N/O/O
California
Our borrower used the proceeds of our mortgage loan against her N/O/O investment 4- unit property to...
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Price:$820k
UPB%:100%
Rate:7%
LTV:55%
YTM:7%

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