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San Diego Rental Condo
Property Address: 3050 Rue D'Orleans #279, San Diego, CA 92110
Loan Number: 7963
APN: 441-090-42-02
County: San Diego
Appraised Value: $310,000.00
Loan Amount: $214,000.00
Loan Position: 1st
Interest: 8.5%
LTV (Loan to Value): 69%
Term: 36 Months
Specifics: There is a late charge of 10% of the payment (after 10 days) There is no prepayment penalty on this loan This loan is partially amortized  This loan contains a balloon payment Our borrower owns several units in this condominium complex, and is a repeat client of FHLC with an excellent payment history and a mid-FICO of 772. He is refinancing this investment property, currently owned free and clear, in order to complete a separate real estate transaction. The subject property has been rented to the current tenant for many years.