- Property Address:
25263 Phillips Steet, Perris, CA 92570
- Loan Number:
9388K
- APN:
342-280-045
- County:
Riverside
- Appraised Value:
1,000.000.00
- Loan Amount:
490,000.00
- Loan Position:
1st
- Interest:
11.5%
- LTV (Loan to Value):
49%
- Term:
18 Months
- Specifics:
The Borrower is a new client with FHLC and is refinancing this investment property to complete a construction of a new S.F.R. He purchased the land in 2022 for $180,000.00 and owns it free and clear. He has paid for site plan, perc test, plans, grading, and permits. This project will be fund controled by National Builders Control.
