|Property / Loan Information|
|Lien Position||1st TD|
|Comb. Zillow Value||$2,180,000|
|LTV on Comb. Zillow||43.58%|
|Loan Type||Owner Occupied Consumer Purpose Bridge Loan|
|Amortization||Interest Only Due in 11 months (Balloon)|
|Subj. Purch. Price||$1,200,000|
Borrowers looking to purchase subject SFR in Camarillo w/ cash plus a loan on subject & cross- collateral property also in Camarillo. Subject is a 4 bed/3 bath, 3,673 s.f. SFR sitting on a 34,871 s.f. lot w/ a 220-degree view. Mortgage Vintage, Inc., was able to fund this hard money loan in Camarillo, CA, w/in 3 business days from receiving the signed Term Sheet.