Executive SFR with Golfcourse Views

Executive SFR with Golfcourse Views

Property Address

17766 Buckthorn Ave, Hesperia, CA 91776
  • Loan Number: 7632
  • Appraised Value: $350,000.00
  • Purchase Price: $350,000.00
  • Loan Amount: $230,000.00
  • Loan Position: 1st
  • Interest: 9.25%
  • LTV (Loan to Value): 66%
  • Term: 36 Months

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Specifics

SUBJECT PROPERTY: 17766 Buckthorn Ave, Hesperia, CA 91776
4-bed/3-bath SFR; 3727 sq ft w/two 2-car garages and sound studio, on nearly 1/2 AC lot.
APPRAISED VALUE: $350,000.00
PURCHASE PRICE: $350,000.00 
LOAN AMOUNT: $230,000.00
POSITION: 1st
INTEREST: 9.25%
TERM: 36 mos
LTV: 66%

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: The subject property overlooks a golf course and has picturesque mountain and valley views. Our borrower has a mid FICO of 767, and is purchasing the property as an investment/rental.