Deal Status

Active

Property Address

Yucca Valley California 92284

Requested Loan Amount

$540,000

Loan to Value

90%

Loan Term

12 months

Lien Position

1st

Collateral Type

Residential Property

Exit Strategy

Refinance

Collateral and Loan Details

Property Type

Single Family Residence

Number of Bedrooms

4

Number of Bathrooms

2

Owner Occupied

No

Loan Type

Purchase

Property Sq. Footage

2,538

Has property been located?

Yes

Preferred Closing Date

06/15/2021

Purchase Price

$600,000

Purchase Contribution

$60,000

Purchase Contribution Source

Own Cash

Loan to Cost

90%

Purchase Plan

Rent It (property delivered vacant)

Will additional properties be collateralized?

No

Borrower Entity

Individual(s)

Borrower Credit Rating

Excellent

First Name

Michael

Last Name

Craig

Phone Number

(949) 415-4653

Role

Borrower

Location

California

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