Multi-Collateral Cash-out Refinance
Loan Amount: $207,500 Rate: 8.75% Appraisal Value: $710,000 Term: 36 months Lien Position: First & Second ($160,000 existing first) Our borrowers needed cash quickly. This transaction required residential and agriculture collateral located in two separate...
Investment Purchase with Multi-Collateral
Loan Amount: $190,000.00 Rate: 8.99% Appraisal Value: $500,000.00 Term: 60 months Lien Position: First Our borrowers were in contract to purchase an investment property in Northern CA. The borrowers owned a rental property in Santa Cruz County and were willing to use...
Klamath Falls Ranch
Loan Amount: $460,000 Rate: 9.75% Appraisal Value: $850,000 Term: 24 months Lien Position: First This borrower was purchasing a 580 acre ranch. His property bordered the ranch and it worked well. He now has the room to raise his horses on his own...
2-unit Investment Purchase Northern California
Loan Amount: $299,400 Rate: 8.75% Appraisal Value: $499,000 Term: 60 months Lien Position: First This borrower had a great opportunity to purchase a rental property with two units adjacent to another rental they had. We were able to provide a 60 month loan, fixed for...