Recent Transactions
Posted on May 9, 2010 by admin
Lake Forrest
**New Refinance Well Kept Newer Retail Building + Low 55% Ltv + Strong Borrower & Strong 682 Mid**
Appraised Value: $825,000
New 1st Trust Deed: $461,000
New 1st Trust Deed: $461,000
Protective Equity: $364,000
Loan to Value: 55%
Term 2 Years with a 6 Month PP
Rate: 11.0%
Loan to Value: 55%
Term 2 Years with a 6 Month PP
Rate: 11.0%
Borrower Credit Score: 682 Mid
Rental to be Income: $4,500 per Month
Borrower is a small business owner for the last 22 years. He is a Real Estate investment firm operating Co-Manager. This will be second rental home in Orange County.
Rental to be Income: $4,500 per Month
Borrower is a small business owner for the last 22 years. He is a Real Estate investment firm operating Co-Manager. This will be second rental home in Orange County.
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Tracy, CA
New 1st Trust Deed Opportunity – Private For Your Eyes Only – New Purchase Large Luxury Single Family Rental Home Newer Just Built 2001Â – Extended Bay Area Tracy, Ca Opportunity
**New Purchase Newer Luxury Rental Home Just Built 2001 + Large $$ Cash Down Payment + Low Loan to Value + Great Rental Income + Strong Borrower**
Appraised Value: $520,000
Purchase Price: $520,000
New 1st Trust Deed: $358,000
Cash Down Payment: $162,000
Protective Equity: 162,000
Loan to Value: 68% Ltv
Rate: 10%
Term: 2 Years with 6 month pre pay
To Be Rented for: $3,950
Borrower Credit: Foreign National Chinese Credit Equivalent Above 700
Borrower is a small business owner for the last 16 years. The family also has 3 other rental homes and a Multi-Acres property in Northern CA.
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San Jacinto, CA
**New Refinance Rental Home 3,377 sq. ft. Luxury + Low Loan to Value + Strong Borrower**
Appraised Value: $300,000
New 1st Trust Deed: $209,000
Protective Equity: $91,000
Protective Equity: $91,000
Loan to Value: 69%
Term 2 Years with a 6 Month PP
Rate: 10%
Term 2 Years with a 6 Month PP
Rate: 10%
Borrower Credit Score: 652
Rental for Income: $2,200
Borrower is a Supervisor Rep and Nurse for Kaiser Permanent for the last 15 years. The family owns another 2 residential rental homes and a commercial parcel in Southern Ca.
Rental for Income: $2,200
Borrower is a Supervisor Rep and Nurse for Kaiser Permanent for the last 15 years. The family owns another 2 residential rental homes and a commercial parcel in Southern Ca.
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San Pedro, CA
**New Refinance Luxury Rented Rental Home + Huge Rental Income + LOW Loan to Value + Strong Borrower**
Appraised Value: $675,000
New 1st Trust Deed: $465,000
New 1st Trust Deed: $465,000
Protective Equity: $210,000
Loan to Value: 68%
Term 2 Years with a 6 Month PP
Rate: 11.0%
Term 2 Years with a 6 Month PP
Rate: 11.0%
Borrower Credit Score: 658 Mid
Rented For: $3,400 per Month
Borrower is a small business owner for the last 24 years. The family are also a Real Estate investors and managers with another 2 rental home and a multi- family rental owned locally.
Rented For: $3,400 per Month
Borrower is a small business owner for the last 24 years. The family are also a Real Estate investors and managers with another 2 rental home and a multi- family rental owned locally.
Filed Under: Recent Transactions
