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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.
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%:100%
Rate:6%
LTV:61%
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
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
36% LTV; C/O Refi on a
California
Our borrower is an entity that used the proceeds of our very low loan-to-value mortgage loan to...
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Price:$185k
UPB%:100%
Rate:7%
LTV:36%
YTM:N/A
South Texas 1st lien note
Texas
Incredible opportunity to purchase a double digit 1st lien newly originated note in south Texas....
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Price:$84.9k
UPB%:100%
Rate:12%
LTV:89%
YTM:N/A

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