Call for Current Investments
(858) 560-6555
Fill Out Our Form for Current Investments
Required *
Trust Deed Investments | Available Trust Deed Investments - SFR Rental #1 in Stockton, CA
FUNDED!
LOAN: #7089
SUBJECT PROPERTY: 1564 Carpenter Road, Stockton, CA 95206
SFR with 3-bed/1-bath, 1191 sq ft, with detached single-car garage
APPRAISED VALUE: $45,000.00 (view appraisal)
PURCHASE PRICE: $40,000.00 (short-sale)
LOAN TERMS
LOAN AMOUNT: $28,000.00
POSITION: 1st
INTEREST:11%
TERM: 36 mos
LTV: 70%
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: $28,000.00
POSITION: 1st
INTEREST:11%
TERM: 36 mos
LTV: 70%
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: Bank of America is accepting a short-pay on this property; original balance on the loan was $232,000. Home features a covered porch, partial dual-pane windows and concrete patio. Borrower is putting 30% down and paying all closing costs. After closing the property will be marketed for rent at $900 per mo.
Information Subject to Change
