New Subdivision
Loan Amounts: $449,000/$179,000 Rates: 7.99%/12.49% Appraisal Value: $ 898,000 Term: 36 months Lien Positions: First/Piggy-Back Second Our borrower needed an advance of 70% to make this purchase possible. The quotes he was getting from others priced him out of the...
San Diego State Rental
Loan Amount: $225,000 Rate: 5.99% Appraisal Value: $ 500,000 Term: 36 months Lien Position: First 2nd San Diego SFR transaction with same borrower. This borrower couldn’t get conventional financing, owns free and clear property and needed cash out for more investment...
Short Sale Investment
Loan Amount: $195,000 Rate: 8.99% Appraisal Value: $ 425,000 Term: 36 months Lien Position: First Our borrower needed to take advantage of a short sale on a residential investment property. The close needed to happen fast and we were able to get the borrower the funds...South Bay Rental
Loan Amount: $617,000 Rate: 7.99% Appraisal Value: $ 1,150,000 Term: 36 months Lien Position: First Our borrower’s have owned this Silicon Valley rental for many years and we were able to lower their loan costs significantly. We were also able to provide them...
