Equity Cash-Out Private Mortgage for Rental Home in Redwood City, California

Funded by Security Financial Services

$950,000

Deal Details

Private Loan Type

Refinance

Approx. Funding Date

05/15/2018

Property Type
Single Family Residence
Property City

Redwood City

Property State

CA

Loan Term (months)

12

Lien Type

1st Mortgage

Payment Type

Interest Only

Loan-to-Value

65%

Deal Summary

Security Financial Services, a direct private lending firm based in San Francisco, funded a $950,000 1st lien position equity cash-out private mortgage loan for a single-family rental home in Redwood City, CA. Our loan-to-value was 65%. The loan term was set at 12 months. This SFR equity cash-out loan was funded in May 2018.

Funded By

Security Financial Services

Direct Lender for Northern California Property Investors | Established 1943