CASHOUT REFINANCE ON DISPENSARY IN MARICOPA COUNTY, AZ
Loan Amount: * $1,138,250 Rate: * 9.25% Appraisal Value: * $1,855,000 Term: * 15 year, fully amortizing Lien Position: * First Our borrower owned this property free and clear. The request was a cash out to purchase another medical cannabis dispensary. Since bank...
CASHOUT REFINANCE ON RENTAL IN ALAMEDA COUNTY, CA
Loan Amount: * $300,000.00 Rate: * 7.99% Appraisal Value: * $820,000 Term: * 36 months, IO Lien Position: * First Our Borrower needed a cash out refinance to make improvements to the property, as well as others, and pay delinquent property taxes. The Borrower needs to...
CASHOUT REFINANCE ON INVESTMENT PROPERTY IN FREMONT, CA
Loan Amount: * $300,000.00 Rate: * 7.99% Appraisal Value: * $960,000 Term: * 36 months, IO Lien Position: * First Our Borrower needed a cash out refinance to make improvements to this property, as well as others, and pay delinquent property taxes. The Borrower needs...
PURCHASE OF BUILDING LOT WITH TIMBER IN NORTHEN CA
Loan Amount: * $212,500.00 Rate: * 10.25% Appraisal Value: * $425,000.00 Term: * 24 months / 6 month, IO Lien Position: * First Our Borrowers were in contract to purchase a 10 acre wooded lot. Conventional financing is tough for this collateral type. Our bridge loan...
