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Trust Deed Investments | Available Trust Deed Investments - 148 Festival Drive in Oceanside
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We just funded this townhouse in Oceanside!
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LOAN # 6882
PROPERTY: 148 Festival Drive
Oceanside, CA 92057
Parcel # 157-303-26-00
3 bedroom/1.5 bath Townhouse
1,159 sq ft w/2-car detached garage
LOAN TERMS
Trust Deed Position: 1st
Loan Amount: $79,500.00
Interest Rate: 11%
Payment: $879.43
Term: 60 months
LTV: 75%
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
Mr. Rimmele is purchasing this property for $106,000.00. He will be putting 25% cash down plus all closing costs.
He intends to occupy this residence once upgrades are complete.
Eric owns a restaurant on Hwy 101 in Encinitas.
Copy of appraisal available upon request.
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| Information Subject to Change |
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