Avaliable First Trust Deed February 4, 2016
1st TD – $161,250
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Term: 40/3
Rate: 12.00%
Payment: $1,626.21
(Partially Amortized)
LTV: 75%
Appraised Value: $215,000
Purchase Price: $215,000
Address: Big Bear, CA
Comments:
Prime location ski rental within walking distance to the Snow Summit Ski Resort. Funds being used to purchase rental property. Fico 623. 2 Bed/ 1.5 Bath,1,088 sq ft. 784 sq ft. site.This loan has a 6 month prepayment penalty.
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1st TD – $467,500
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Term: 40/3
Rate: 11.25%
Payment: $4,433.10
(Partially Amortized)
LTV: 55%
Appraised Value: $850,000
Fontana, CA
Comments:
Cozy ranch style home with a horse pasture and 6 car garage. Fico 748 & 567. 2 Bed/ 2 Bath, 1,444 sq ft, 209,088 Lot size. This loan has a 6 month prepayment penalty.
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1st TD – $2,784,000
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Term: 40/3
Rate: 10.75%
Payment: $25,289.78
(Partially Amortized)
LTV: 60%
Appraised Value: $4,640,000
Address: Studio City, CA
Comments:
Spectacular and Spacious Mediterranean style home in the Studio City Hill/ Wrightwood Estates area. Funds to be used to purchase and rehab properties. Fico 727. 5 Bed/ 5.2 Bath, 6,845 sq ft, 23,679 lot size. This loan has a 6 month prepayment penalty. |
1st TD – $1,500,000
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Term: 40/3
Rate: 10.50%
Payment: $13,328.55
(Partially Amortized)
LTV: 47%
Appraised Value: $3,200,000
City of Industry, CA
Comments:
Two story Masonry Bank Building/ commercial property and is currently rented. Borrower is a Foreign National. 5,500 sq ft building, 49,509 sq ft lot size. This loan has a 6 month prepayment penalty.
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2nd TD – $550,000
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Term: 40/3
Rate: 10.50%
Payment: $4,887.14
(Partially Amortized)
LTV: 18% CLTV: 55%
Appraised Value: $3,000,000
1st TD: $1,100,000
Los Angeles, CA
Comments:
Spacious Modern Spanish home in the Beverly Center/ Miracle Mile area with pool, spa and outdoor fire pit. Borrower using funds to expand his business. Fico 773. 5 Bed/ 4.5 Bath, 4,092 sq ft, 6,551 lot size. This loan has a 6 month prepayment penalty.
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1st TD – $350,000
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Term: 2yr I/O
Rate: 12.99%
Payment: $3,788.75
(Partially Amortized)
LTV: 56%
Purchase Price: $625,000
Greenfield, CA
Comments:
Mixed use commercial property with common parking area. Fico 776 & 725. 2 Buildings 5,969 sq ft.; Lot size 13,000 sq ft. This loan has a 6 month prepayment penalty.
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First Trust Deed