Paid Off in July 2017, lasts 1 year
Fremont, Ariel, CA 94555
New 1st Trust Deed Opportunity
escrow closed 7/8/16
**New Refinance Luxury Rental Home + Low 68% Loan to Value + Strong Borrower + TOP AREA**
Appraised Value: $1,000,000
New 1st Trust Deed: $689,000
Protective Equity: $311,000
Loan to Value: 68%
Term 2 Years with a 6 Month PP
You Net: 9%
Borrower Credit Score: 653
Rental to be Income: $4,950 per Month
Rate & Term Refinance No Cash Out
Borrower is a Small Business Owner for the last 22 years. She owns a well reviewed retail business.
The family owns another 2 rental home in the Bay Area.
escrow closed 7/8/16
**New Refinance Luxury Rental Home + Low 68% Loan to Value + Strong Borrower + TOP AREA**
Appraised Value: $1,000,000
New 1st Trust Deed: $689,000
Protective Equity: $311,000
Loan to Value: 68%
Term 2 Years with a 6 Month PP
You Net: 9%
Borrower Credit Score: 653
Rental to be Income: $4,950 per Month
Rate & Term Refinance No Cash Out
Borrower is a Small Business Owner for the last 22 years. She owns a well reviewed retail business.
The family owns another 2 rental home in the Bay Area.