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Federal Trust Deed | Available Trust Deed Investments - Pristine SFR in Oceanside
FUNDED!
LOAN: #6930
SUBJECT PROPERTY:
Single Family Residence with 4 bed/2-1/2 bath, 2012 sq ft with a 2-car garage on a large corner lot.
APPRAISAL PENDING
BROKER'S OPINION OF VALUE: $400,000.00
LOAN TERMS
Loan Amount: $215,000.00
Trust Deed Position: 1st
Interest: 11%
Term: 24 months
LTV: 54%
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: $215,000.00
Trust Deed Position: 1st
Interest: 11%
Term: 24 months
LTV: 54%
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: Buyer purchased this property at a foreclosure sale for $319,000.00 in an all-cash transaction. He would now like to pull out money to make further investments. Borrower is a contractor with a great knowledge of the local market.
Information Subject to Change
