Estate-Sized SFR in Rio Linda, CA

Estate-Sized SFR in Rio Linda, CA

Property Address

5930 W. 6th St, Rio Linda, CA 95673
  • Loan Number: 7595
  • APN: 214-0181-005
  • County: Sacramento
  • Appraised Value: $780,000.00
  • Loan Amount: $471,250.00
  • Loan Position: 1st
  • Interest: 11%
  • LTV (Loan to Value): 61%
  • Term: 48 Months

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Specifics

LOAN: #7595
SUBJECT PROPERTY: 5930 W. 6th St, Rio Linda, CA 95673
7,736 sq ft SFR (built in 2008) with a 6-car garage on a 3-acre lot
APN #214-0181-005
APPRAISED VALUE: $780,000.00
LOAN AMOUNT: $471,250.00
POSITION: 1st
INTEREST: 11%
TERM: 48 mos
LTV: 61%

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:  Our borrowers are refinancing this rental/investment property and have already deposited over $46k into escrow. Mid FICO score is 676, and the property is leased for $3500 per mo.