San Marcos SFR

San Marcos SFR

Property Address

844 Snowberry Court, San Marcos, CA 92069
  • Loan Number: 7124
  • County: San Diego
  • Appraised Value: $224,000.00
  • Purchase Price: $225,000.00
  • Loan Amount: $153,000.00
  • Loan Position: 1st
  • Interest: 11%
  • LTV (Loan to Value): 68%
  • Term: 36 Months

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Specifics

2-bed/1-bath, 998 sq ft with 1-car garage

There is a late charge of 10% of the payment (after 10 days)
There are no prepayment penalties on these loans
These loans contain a balloon payment

Borrower is putting 32% down and paying all closing costs.  He will be doing minor repairs to the property after closing.  Borrower's father lives next door to subject property, and the family may eventually use the property for a family member or caregiver.

Information Subject to Change