San Diego Rental SFR with Low LTV

San Diego Rental SFR with Low LTV

Property Address

3744 Beta Street, San Diego, CA 92113
  • Loan Number: 7621
  • County: San Diego
  • Appraised Value: $180,000.00
  • Loan Amount: $65,000.00
  • Loan Position: 1st
  • Interest: 8.5%
  • LTV (Loan to Value): 38%
  • Term: 36 Months

View Appraisal

Download

Specifics

SUBJECT PROPERTY: 3744 Beta Street, San Diego, CA 92113
2-bed/1-bath SFR; 800 sq ft on a 7000 sq ft lot
APPRAISED VALUE: $180,000.00
LOAN AMOUNT: $65,000.00
POSITION: 1st
INTEREST: 8.5%
TERM: 36 mos
LTV: 38%

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 refinancing this investment property; she is an existing client with an excellent payment history. The property is leased for $950 per mo.