Available Cashflow Projects 1st Trust Deeds
1st TD – $325,000
Term: 40/3
Rate: 8.50%
Payment: $2,382.56
(Partially Amortized)
LTV: 50%
Appraised Value: $650,000
Address:
San Clemente, CA
Comments:
Stylish condominium that feels spacious and has a great ocean view. Funds being used for business purpose. Fico 733. 3 Bed/ 2 Bath, 2,183 Sqft. This loan has a 6 month prepayment penalty.
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1st TD – $325,000
Term: 40/3
Rate: 11.00%
Payment: $3,016.96
(Partially Amortized)
LTV: 65%
Appraised Value: $500,000
Address:
Pacific Beach, CA
Comments:
Quaint commercial building in great location near Fiesta Bay. Funds being used for business purpose. Fico 547 & 557. 697 Sqft, 1,359 Lot size. This loan has a 6 month prepayment penalty.
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1st TD – $932,000 Term: 1 yr I/O Rate: 10.00%
Payment: $7,766.66
(Interest Only)
LTV: 37%
Appraised Value: $2,500,000 Address: Stockton, CA
Comments:
Impressive five story office building pre-leased. Funds being used for tenant improvement build outs. Borrower is experienced in commercial building owner/ management. Fico 587. 5 story building totaling 22,380 Sqft. This loan has a 6 month prepayment penalty.
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