Escrow Closed 3/2016, Paid Off 11/2/2017.
Union City, Rose Way, CA 94587
New Refinance Large Luxury Single Family Rental Home -- Hot Bay Area Market RARE Union City, CA
**New Refinance Luxury Rental Home + Low 65% Loan to Value + BLOCKS to Water + Strong Borrower**
Appraised Value: $760,000
New 1st Trust Deed: $499,000
Protective Equity: $261,000
Loan to Value: 65% Ltv
You Net: 9%
Term 2 Years with a 6 Month Pre pay
Rented For $3,850 per Month
Borrower Fico: 662
Borrower is using the funds to pay a current note that has come due.
She a small business owner for the last 20 years. The family also owns another rental home in the Bay Area.
**New Refinance Luxury Rental Home + Low 65% Loan to Value + BLOCKS to Water + Strong Borrower**
Appraised Value: $760,000
New 1st Trust Deed: $499,000
Protective Equity: $261,000
Loan to Value: 65% Ltv
You Net: 9%
Term 2 Years with a 6 Month Pre pay
Rented For $3,850 per Month
Borrower Fico: 662
Borrower is using the funds to pay a current note that has come due.
She a small business owner for the last 20 years. The family also owns another rental home in the Bay Area.