Deal Status

Active

Property Address

109 LOMA VISTA AVE.

TAFT, California

93268

Requested Loan Amount

125000

Loan to Value

60

Loan Term

60

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Sale of Subject Property

Property Type

Single Family Residence

Number of Bedrooms

4

Number of Bathrooms

3

Property Occupied

No

Loan Type

Refinance

Property Sq. Footage

2199

Current Market Value

210000

Existing Mortgages

  • 1st

Mortgage 1 Balance

75000

Equity Cash Out

Yes

Equity Cash Out Purpose

Business Working Capital

Equity Cash Out Details

PAY DOWN OTHER LOAN WITH SAME LENDER DUE JULY 2020

Appraisal

No

APN Parcel ID

03220205000

Lot Size

7814

Property Photos

Will additional properties be collateralized?

No

Borrower Entity

LLC

Borrower Credit Rating

Excellent

Comments

Experienced landlord, developer, borrower needs to refinance this fine home by JULY 2020. Pick this one, or call to discuss adding more properties. We own many, many homes in this town. Current loan has 4 homes under one loan. I can create one loan per property, or multiple properties per LLC. All homes are SEASONED, rehabbed and rented with GOOD tenants. Credit score over 800+. Excellent borrower. Flexible on LTV. Plenty of equity. Smart and easy to deal with. Can make automatic deposit payments.

First Name

Valerie

Last Name

Clark

Company

MAVERICK PROPERTIES, LLC

Role

Borrower

Location

SILVERADO
California
USA