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Trust Deed Investments | Available Trust Deed Investments - Estate Home in Temecula, CA
FUNDED!
LOAN: #7271
SUBJECT PROPERTY: 44930 Via Renaissance, Temecula, CA 92590
6-bed/6.5 bath SFR; 6375 sq ft on 5 acres
APPRAISED VALUE: $950,000.00
PURCHASE PRICE: $890,000.00
LOAN TERMS
LOAN AMOUNT: $578,750.00
POSITION: 1st
INTEREST: 10.5%
TERM: 36 mos
LTV: 65% of purchase price/61% of appraised value
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: $578,750.00
POSITION: 1st
INTEREST: 10.5%
TERM: 36 mos
LTV: 65% of purchase price/61% of appraised value
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: Our borrower, a resident of the British Virgin Islands, is putting 35% down and paying all closing costs on this purchase. He will be spending $30,000+ to complete repairs on the property; after paying a down payment to the contractor the remaining funds will be held in an escrow account.
Information Subject to Change
