|Property / Loan Information|
|Property Type||Single Family Residence|
|Lien Position||1st TD|
|Occup||Non Owner Occ.|
|LTV on BPO Value||57.66%|
|Loan Type||Business Purpose Purchase|
|Amortization||Interest Only Due in 36 mos.|
|Guaranteed Int.||6 months|
Borrower was seeking this Business Purpose Purchase loan to purchase home in Dana Point to fix up and rent.
Subject is a 1 story SFR with 4 bedrooms, 2 bathrooms. Property is located in Dana Point, CA within walking distance of great schools. The property measures 2,175 sf on a 7,504 sf lot. The Property features a large lot, close to schools and minutes from Dana Point Harbor.
Mortgage Vintage, Inc. was able to fund this hard money loan in Dana, CA, within 3 business days.