FUNDED!

LOAN: #7422

SUBJECT PROPERTY: 2328 Peppermint Drive, Modesto, CA 95355

APPRAISED VALUE: $119,000.00 (view appraisal)

PURCHASE PRICE: $119,000.00

LOAN TERMS

LOAN AMOUNT: $71,400.00

POSITION: 1st

INTEREST: 11%

TERM: 60 mos

LTV: 60%

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 borrowers are purchasing this home as an investment property, and will be marketing it for rent at $1200 per mo.  They are putting 40% down and paying all closing costs.

Information Subject to Change