Individual investor is offering funding for non-owner occupied homes in good neighborhoods throughout the Bay Area. Use loan to cash out, purchase property or refinance.
Loan Amount: $60,000 to $350,000
Interest Rates: 9-11% depending on LTV
Loan Position: 1st prefered
Loan to Value: up to 65% preferred
Loan Term: 6 months - 5 years
Credit history not so important, qualify based on property's value and equity
Easy Appraisal Process
Must be a finished home, no construction projects
See other CA Private Money Loan Programs
Company: Individual Lender in Burlingame
Disclaimer: all information herein is believed to be correct, but we do not guarantee its accuracy and rely on prospects to rely only on their own investigations.
$150,000 1st mortgage
10%, no points, 2% prepay penalty, 3 years
60% LTV
SFR in Pacifica
$200,000 2nd mortgage
10%, no points, 2% prepay penalty 6 mos, 1 year
65% LTV
SFR in Pacifica
$100,000 2nd mortgage
12%, no points, 1% prepay penalty, 1.5 year
70% LTV
SFR in Pacifica