- Property Address:
49325 Blanche Ave., Cabazon, CA 92230
- Loan Number:
#9406
- APN:
519-372-018
- County:
Riverside
- Appraised Value:
190,000.00
- Purchase Price:
$175,000.00
- Loan Amount:
$100,000.00
- Loan Position:
1st
- Interest:
11%
- LTV (Loan to Value):
BPO Value 58%
- Term:
36 Months
- Specifics:
Borrowers are new clients of FHLC and are buying this property for $175K and are paying down over 42% down payment and closing costs. They will complete some cosmetic repairs and possibly list the property for sale or lease for rental income
