Short Sale Fix and Flip

Mortgage Vintage, Inc. facilitated a flix and flip loan in Chatsworth, CA in the amount of $344,500.


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Property / Loan Information
Property Type SFR
Lien Position 1st TD
Loan Amount $344,500
As Is Valuation $530,000
After Repair Value $650,000
Interest Rate 11%
LTV on ARV 53%
Loan Type Purchase Fix and Flip
Amortization 40 Year amort/due in 1 year
Prepay Penalty 3 months