|Property / Loan Information|
|Lien Position||2nd TD|
|CLTV on BPO||58.13%|
|Loan Type||Business Purpose Cash-Out|
|Amortization||Interest Only Due in 24 mos. (Balloon)|
|Gtd. Interest||6 months|
Real Estate Investor and Partner who jointly own an Escrow Company looking for a 2nd TD to expand its business. Subject Property is a 1,252 s.f. residential condo in Yorba Linda, CA, in excellent condition. Subject property is located near shopping, schools, regional parks and the 91 & 241 FWYS. Mortgage Vintage, Inc., was able to fund this hard money loan in Yorba Linda, CA, w/in 3 business days from receiving the signed Term Sheet.