Mission Viejo Purchase Option
Loan Amount: $450,000 Rate: 7.99% Appraisal Value: $ 845,000 Term: 24 months Lien Position: First This borrower exercised the option to purchase this property at the right time. The broker who referred us the deal placed a small second behind our lien. After 12 months...
Short-Sale Income Property in the Bay Area
Loan Amount: $150,000 Rate: 7.50% Appraisal Value: $ 325,000 Term: 36 months Lien Position: First Loan request received on Thursday and loan funded the following Thursday! Borrowers pulled cash out of an investment property owned by their LLC, our collateral, to close...
Garden Grove Rental
Loan Amount: $100,000 Rate: 6.99% Appraisal Value: $ 400,000 Term: 36 months Lien Position: First Borrower needed to close this escrow quickly, which was largely a cash transaction. The property was previously purchased, remodeled and quicklyresold. Our fast...
Luxury Home in Tempe, Arizona
Loan Amount: $200,000 Rate: 7.99% Appraisal Value: $510,000 Term: 6 months Lien Position: First This property was purchased by the borrower, a developer, a few months ago and was completely renovated. The borrower owned it free and clear of encumbrances and needed a...