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Federal Trust Deed | Available Trust Deed Investments - Rental SFR in Tarzana, CA
FUNDED!
LOANS: #7172
SUBJECT PROPERTY: 4509 Sendero Place, Tarzana, CA 91356
2901 sq ft w/2-car garage and pool on 1/3 acre lot
APPRAISED VALUE: $800,000.00 (view appraisal)
PURCHASE PRICE: $565,000.00 (short-sale)
LOAN TERMS
LOAN AMOUNT: $375,000.00
POSITION: 1st
INTEREST: 10.75%
TERM: 36 mos (40-yr due in 3 and partially amortized)
LTV: 66% of purchase price/47% of appraised value
There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalty on this loan
These loans contain a balloon payment
LOAN AMOUNT: $375,000.00
POSITION: 1st
INTEREST: 10.75%
TERM: 36 mos (40-yr due in 3 and partially amortized)
LTV: 66% of purchase price/47% of appraised value
There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalty on this loan
These loans contain a balloon payment
SPECIFICS: Our borrower has a 726 average credit score, is purchasing this home as an investment property, and will be marketing it for rent at $4000 per mo. Home has backyard pool and is partially landscaped.
Information Subject to Change
