OPEN Modesto, California 1st Purchase Single Family Rental Home
Loan to Value
New Loan Amount
Loan Purpose
Appraised Value
Loan Term
Pre-Pay Penalty
Investor Yield
57%
$107,000
Purchase
$185,000
2 Years
3 Months
10.0%
To be updated and rented for $1,400 per month
Borrower Bringing in $40,000 Cash to Close
SOLD Sacramento, California 1st Refinance Single Family Rented Home
Loan to Value
New Loan Amount
Loan Purpose
Appraised Value
Loan Term
Pre-Pay Penalty
Investor Yield
45%
$70,000
Refinance
$155,000
2 Years
6 Months
8.50%
SOLD Markham, Illinois 1st Purchase 3 Unit Residential + Retail
Loan to Value
New Loan Amount
Purchase Price
Appraised Value
Loan Term
Pre-Pay Penalty
Investor Yield
47%
$99,000
$200,000
$210,000
2 Years
6 Months
9.0%
SOLD Cathedral City, California 1st Refinance Commercial Building
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Loan to Value
New Loan Amount
Loan Purpose
Appraised Value
Loan Term
Pre-Pay Penalty
Investor Yield
53%
$428,000
Rate & Term Refinance
$800,000
2 Years
6 Months
9.50%
SOLD Philadelphia, Pennsylvania 1st Purchase 8 Unit Multifamily
Loan to Value
New Loan Amount
Purchase Price
Appraised Value
Loan Term
Pre-Pay Penalty
Investor Yield
53%
$139,000
$265,000
$260,000
2 Years
6 Months
12.00%
Borrower bringing cash down payment to close
Fully rented for $4,700 per month
SOLD Victorville, California 1st Refinance Single Family Rented Home
Loan to Value
New Loan Amount
Loan Purpose
Appraised Value
Loan Term
Pre-Pay Penalty
Investor Yield
53%
$130,000
Refinance
$245,000
2 Years
3 Months
10.0%
Fully rented for $1,300 per month
Borrower strong 672/618 Fico Scores
