• 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.

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