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Federal Trust Deed | Available Trust Deed Investments - Like-new Rental SFR in San Bernardino
FUNDED!
LOAN: #7001
SUBJECT PROPERTY: 6738 Coleen Lane, San Bernardino, CA 92407
3-bed/2.5 bath, 2402 sq ft.
APPRAISED VALUE: $285,000.00 (view appraisal)
PURCHASE AMOUNT: $263,550.00
LOAN TERMS
LOAN AMOUNT: $184,500.00
POSITION: 1st
INTEREST: 11%
TERM: 24 mos
LTV: 70% of purchase price/65% of appraisal
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalty on this loan
This loan contains a balloon payment
LOAN AMOUNT: $184,500.00
POSITION: 1st
INTEREST: 11%
TERM: 24 mos
LTV: 70% of purchase price/65% of appraisal
There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalty on this loan
This loan contains a balloon payment
SPECIFICS: After purchase is complete home will be marketed for rent for $2100 per mo.
Information Subject to Change
