Rental Property in San Diego
Loan Amount: $415,000 Rate: 7.99% Appraisal Value: $1,000,000 Term: 36 months Lien Position: First Non-conforming – no problem. This 4-plex is located in the Pacific Beach/Crown Point area of San Diego. This borrower needed to lower his borrowing costs and we...
Multi-Tenant Retail & Office Property
Loan Amount: $725,000 Rate: 10% Appraisal Value: $2,290,000 Term: 24 months Lien Position: First This loan was made on five, Class C, retail and office buildings and adjacent vacant land located in Vallejo, CA owned by a private lending firm who had to foreclose out...
Light Industrial Building
Loan Amount: $230,000 Rate: 7.99% Appraisal Value: $ 510,000 Term: 36 months Lien Position: First This loan was made on a 2 unit, light industrial building located in Covina, Los Angeles County. The existing Deed of Trust was maturing and the borrower was looking to...
Wine Country Investment Property
Loan Amount: $400,000 Rate: 7.99% Appraisal Value: $1,300,000 Term: 36 months Lien Position: First This loan was made on an investment property located in one of the most desirable areas in Sonoma County – Sobre Vista. Loan proceeds were used to pay off an...