- 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
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