Rental SFR in Wildomar, CA

Rental SFR in Wildomar, CA

Property Address

22257 Blondon Court, Wildomar, CA 92595
  • Loan Number: #7269
  • County: Riverside
  • Appraised Value: $169,000.00
  • Purchase Price: $167,000.00
  • Loan Amount: $116,900.00
  • Loan Position: 1st
  • Interest: 11.5%
  • LTV (Loan to Value): 70%
  • Term: 60 Months

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Specifics

SFR with 4-bed/2-bath, 1476 sq ft w/2-car garage.

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: Subject property reflects good quality construction with additional features including dual pane windows, built-in BBQ, appealing landscape and exterior room plumbed with electric.  Our borrower has good credit, and is putting 30% down and paying all closing costs.  We will be holding $1500 in loan proceeds to complete the unfinished bathroom.  This property will be marketed for rent at $1890 per mo.

Information Subject to Change