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Federal Trust Deed | Available Trust Deed Investments - Coachella, CA Single Family Residence
FUNDED!
LOAN: #6902
SUBJECT PROPERTY: 48068 Luna de Nicoleta, Coachella, CA 92236Single Family Residence with 1918 sq ft, 4 bed/2 bath. Concrete drive and walks, slate tile porch, covered patio, slab granite counter tops, standard wood cabinets and appliances, marble and carpet flooring.
APPRAISED VALUE: $172,500.00 (view appraisal)
LOAN TERMS
Loan Amount: $119,301.00
Position: 1st Trust Deed
Interest: 11%
Term: 60 months
LTV: 69%
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: $119,301.00
Position: 1st Trust Deed
Interest: 11%
Term: 60 months
LTV: 69%
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.
Mr. Delgado is purchasing this property for $172,900.00. He is putting down $53,599.00 and covering our closing costs of $12,146.45. Mr. Delgado is a teacher, and has been with the Coachella Valley Unified School District for seven years.
