Purchase of SFR and vacant lot in Bellflower, CA

Funded by Diversified Mortgage

$220,000

Deal Details

Private Loan Type

Purchase

Approx. Funding Date

12/15/2017

Property Type
Single Family Residence
Property City

Bellflower

Property State

CA

Interest Rate

%

Origination Points

%

Deal Summary

6.95% interest rate, amortized over 30 years. due in 4 years. LTV 67.5%

Funded By

Diversified Mortgage

Multifamily Bridge Loans only. Interest Rates are 8.5% for 4-year term, 8.25% for 2 years, 7.95% for 1 year.