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Trust Deed Investments | Available Trust Deed Investments - SFR in Brawley, CA
FUNDED!
LOAN: #6927
SUBJECT PROPERTY: 377 A Street, Brawley, CA 92227
Single Family Residence 3-bed/1-bath
APPRAISED VALUE: $70,000.00
PURCHASE PRICE: $70,000.00 (short-sale)
Single Family Residence 3-bed/1-bath
APPRAISED VALUE: $70,000.00
PURCHASE PRICE: $70,000.00 (short-sale)
LOAN TERMS
Loan Amount: $51,000.00
Trust Deed Position: 1st
Interest: 11%
Term: 36 months
LTV: 73%
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: $51,000.00
Trust Deed Position: 1st
Interest: 11%
Term: 36 months
LTV: 73%
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: This is an approved bank short-sale; borrower is making a down payment of $19,000 plus paying all closing costs (total approx $27,000). Borrower is the relative of an existing and long-time client of FHLC, who will be renting the home and also owns and operates the adjacent commercial property.
Information Subject to Change
