• Loan Amount: $1,000,000
• Rate: 5.99%
• Appraisal Value: $ 2,850,000
• Term: 36 months
• Lien Position: First

Thanks to our loan terms and quick turn-around time, the borrower was able to close escrow on the purchase of this remarkable investment property on Linda Island in Newport Beach. This wasn’t an arms- length transaction and even with the borrower’s credentials, securing a jumbo loan isn’t easily done. The borrower was pleased with our 5.99/6.99 step rate loan; another example of a ‘Best for your Best.