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69% LTV - Construction to Perm in Rio Dell, CA
For your review and consideration, here is the information for this loan request: Loan Purpose: Construction Fico Score: 734, 727, 709 Subject Property Address: Rio Dell, CA Subject Property Type: Commercial Loan Amount Requested: $4,500,000 Loan Term Requested: 480/24 Interest Rate Requested: 10.000% Property Value: $6,500,000 Current Value / $9,800,000 After Development Value Amount of existing liens: Approx. $300,000 LTV: 69% * Property was re-zoned commercial after borrower purchased it, which resulted in a significant increase in value.
10930 Quinlan North Lake,
Texas
See attached note
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Price:$100k
UPB%:97%
Rate:9%
LTV:88%
YTM:13%
2946 Tuttle Street
Texas
See Note attached
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Price:$66.0k
UPB%:97%
Rate:10%
LTV:88%
YTM:14%
29% LTV; Comm. Property in
Texas
Very strong borrower, put down $700,000 against original $2.6MM note to prepare for commercial...
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Price:$1.9M
UPB%:100%
Rate:6%
LTV:29%
YTM:6%
$487,500.00 First Trust Deed
California
Note written for for 24 months, interest only @10.50% monthly payment of $4,265.63 one year prepay...
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Price:$487k
UPB%:100%
Rate:11%
LTV:65%
YTM:10%
Echeconnee
Georgia
This is the only loan on property tax appraised value of $100K. Single Family home. Homes in this...
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Price:$14.2k
UPB%:87%
Rate:9%
LTV:11%
YTM:46%

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