Deal Status

Active

Property Address

Contact Broker

Lynwood, California

90262

Requested Loan Amount

800000

Loan to Value

60

Loan Term

360

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Refinance

Property Type

Triplex

Number of Bedrooms

2

Number of Bathrooms

2

Property Occupied

No

Loan Type

Refinance

Property Sq. Footage

2975

Current Market Value

1500000

Existing Mortgages

  • 1st
  • 2nd

Mortgage 1 Balance

668000

Mortgage 2 Balance

100000

Equity Cash Out

No

Equity Cash Out Purpose

Improve Subject Property

Equity Cash Out Details

No cashout, loan amount is higher to cover potential loan costs.

Appraisal

No

APN Parcel ID

Contact Broker

Lot Size

13000

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Comments

Current mortgages are both 10%. Needing to do a rate/term asap. Owner has 690 plus scores and an experienced investor/Landlord.

First Name

Arthur

Last Name

Brison

Company

Tactical Lending

Role

Mortgage Broker

Location

Phoenix
Arizona
USA