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Federal Trust Deed | Available Trust Deed Investments - Duplex in Pomona, CA
FUNDED!
LOAN: #6977
SUBJECT PROPERTY: 226 East 111th St, Pomona, CA 91766
Duplex; each has 2-bed/1-bath, 1604 sq ft each
Duplex; each has 2-bed/1-bath, 1604 sq ft each
APPRAISED VALUE: $230,000.00 (view appraisal)
PURCHASE PRICE: $160,000.00 (short-sale)
PURCHASE PRICE: $160,000.00 (short-sale)
LOAN TERMS
Loan Amount: $112,500.00
Position: 1ST
Interest: 11%
Term: 12 months
LTV: 49% of broker's opinion / 70% of purchase price
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: Borrower has strong FICO scores; is putting 30% down and paying all closing costs.
Information Subject to Change
