|Property / Loan Information|
|Property Type||Single Family Residence|
|Lien Position||1st TD|
|LTV on AVM||74.61%|
|Loan Type||Purchase Fix & Flip|
|Amortization||Interest Only Due in 12 mos.|
|Guaranteed Int.||3 Months|
Self-employed borrower with fix and flip experience and a 709 mid FICO credit score seeking a purchase loan to fix and flip investment property.
Subject is a 1 story, 3 bdrm/1 full bath Single Family Residence located in Costa Mesa. The Property measures 1,728 sf of gross living area, and is situated on a 7,197 sf lot.
Mortgage Vintage, Inc. was able to fund this hard money loan in Long Beach, CA, within 3 business days from receiving the signed Term Sheet.