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Property Address: 2270 San Jacinto Street
Loan Number: 9319
APN: 439-140-008
County: Riverside
Appraised Value: 420,000.00 - 2022
Purchase Price: 130,000.00
Loan Amount: 220,000.00
Loan Position: 1st
Interest: 11%
LTV (Loan to Value): 53%
Specifics: Borrowers are refinancing this investment property they have own free and clear. They purchased the lot is 2014 for 130K. He needs cash out to finance another investment property. Borrower’s Mid Fico is 715. There is no prepayment penalty.