Escrow closed 10/24/17
San Jose, Ardis, CA 95117
**New 2nd Trust Deed San Jose Single Family Home near Santana Row**
*Incredible Super LOW LTV of 39%*
Appraised Value: $1,100,000
Existing 1st Trust Deed: $360,000
New 2nd Trust Deed: $65,000
Protective Equity: $675,000
Loan to Value: 39% Ltv
You Net: 10.5%
Term 2 Years with a 6 Month Prepay
Owner Occupied, good income from husband and wife
Borrower is using funds to improve his home appraisal business.
*Incredible Super LOW LTV of 39%*
Appraised Value: $1,100,000
Existing 1st Trust Deed: $360,000
New 2nd Trust Deed: $65,000
Protective Equity: $675,000
Loan to Value: 39% Ltv
You Net: 10.5%
Term 2 Years with a 6 Month Prepay
Owner Occupied, good income from husband and wife
Borrower is using funds to improve his home appraisal business.