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Trust Deed Investments | Available Trust Deed Investments - SFR Rental in Corona, CA
FUNDED!
LOAN: #7171
SUBJECT PROPERTY: 4027 El Dorado Dr, Corona, CA 92883
4-bed/2-bath, 1736 sq ft; 2-car garage and in-ground pool
APN 279-302-008
PURCHASE PRICE: $255,000.00 (short-sale)
APPRAISED VALUE: $315,000.00 (view appraisal)
LOAN TERMS
LOAN AMOUNT: $178,500.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 70% of purchase price/57% of appraised value
There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalties on these loans
These loans contain a balloon payment
LOAN AMOUNT: $178,500.00
POSITION: 1st
INTEREST: 11%
TERM: 36 mos
LTV: 70% of purchase price/57% of appraised value
There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalties on these loans
These loans contain a balloon payment
SPECIFICS: Bank of America is the owner/seller of this property; our borrower is purchasing for investment purposes and will be marketing it for rent at $2000 per mo. Borrower has excellent credit and is putting 30% down and paying all closing costs.
Information Subject to Change
