- Property Address:
3050 Rue D'Orleans #279, San Diego, CA 92110
- Loan Number:
7963
- APN:
441-090-42-02
- County:
San Diego
- Appraised Value:
$310,000.00
- Loan Amount:
$214,000.00
- Loan Position:
1st
- Interest:
8.5%
- LTV (Loan to Value):
69%
- Term:
36 Months
- Specifics:
There is a late charge of 10% of the payment (after 10 days) There is no prepayment penalty on this loan This loan is partially amortized This loan contains a balloon payment Our borrower owns several units in this condominium complex, and is a repeat client of FHLC with an excellent payment history and a mid-FICO of 772. He is refinancing this investment property, currently owned free and clear, in order to complete a separate real estate transaction. The subject property has been rented to the current tenant for many years.