Rental SFR in Woodland Hills

Rental SFR in Woodland Hills

Property Address

24110 Califa Street, Woodland Hills, CA 91367
  • Loan Number: 7726
  • County: Los Angeles
  • Appraised Value: $700,000.00
  • Loan Amount: $492,000.00
  • Loan Position: 1st
  • Interest: 9.5%
  • LTV (Loan to Value): 70%
  • Term: 36 Months

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Specifics

SUBJECT PROPERTY: 24110 Califa St, Woodland Hills, CA 91367 

4-bed/2-bath SFR; 2016 sq ft w/2-car attached garage on an 11,472 sq ft lot


APPRAISED VALUE: $700,000.00

LOAN AMOUNT: $492,000.00

POSITION: 1st

INTEREST: 9.5%

TERM: 36 mos

LTV: 70%

 

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 borrower is a South African national who lives and works in the United Arab Emirates. He purchased this home as an investment; it is currently rented for $3200. His average monthly income is approximately $20,000, and we have verified payroll and banking information. We are paying off an existing first that is current.