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Trust Deed Investments | Available Trust Deed Investments - Rental Modular Home (on perm foundation) in El Centro, CA
FUNDED!

LOAN:
#7188

SUBJECT PROPERTY: 1799 N. 8th St, El Centro, CA 92243
Manufactured home on permanent foundation with 3-bed/1.5 bath on .62 acres
APPRAISED VALUE: $74,000.00 (view appraisal)

LOAN TERMS

LOAN AMOUNT:
$35,000.00
POSITION:
1st
INTEREST: 11%
TERM:
60 mos (fully amortized)
LTV:
47%

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: Subject property was fully remodeled in early 2010, and has been leased since May 2010 for $860 per mo.  Borrower used credit cards for remodel and will be using loan funds to pay off that debt.  Please note this is a fully-amortized loan.

Information Subject to Change
FUNDED
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