$770k Loan on Investment AirBnB SFR Purch

Funded by Private Mortgage Fund, LLC

$770,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

01/05/2018

Property Type
Single Family Residence
Property City

Los Angeles

Property State

CA

Interest Rate

%

Origination Points

%

Deal Summary

Investment SFR purchase for $1,220,000. PMF was able to close at 60% LTV with a 7.99% IO interest rate. No appraisal, no credit, no prepay penalty and able to close in under a week.

Funded By

Private Mortgage Fund, LLC

CA Direct Lender Funding in Less Than 1 Week with No Prepayment Penalty