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|Property / Loan Information|
|Lien Position||1st TD|
|LTV on BPO Value||65.00%|
|Loan Type||Rental Purchase|
|Amortization||Interest Only due in 12 mos.|
|Guaranteed Interest||3 months|
775 Mid FICO Real Estate Investor looking to purchase SFR for rental income. Property is a 3 bed, 2 baths SFR on a large 0.15 acre lot with upgraded kitchen and bathroom; has wood flooring and carpet throughout. Property will be rented for $2,000/mo. Mortgage Vintage, Inc. was able to fund the loan within 3 business days from receiving the signed Term Sheet.