Central Los Angeles, California Funded Loan

Property Type: Single Family Residence

Lien Position: 1st Trust Deed

Loan Amount: $100,000.00

Appraised Value: $555,000.00

LTV: 18%

Loan Rate: 9%

Loan Type: Investment Purpose

Occupancy: Non-Owner Occupancy

Term: “36” Months Interest Only

Single Story House located in Central Los Angeles, California where our company funded a Trust Deed Loan for

Our Borrower contacted our company looking to obtain approximately $100,000.00 cash out from his Free & Clear investment rental property to make repairs and upgrades to “another” rental property he owned.  The Borrower had good credit but didn’t “Fit in the Box” for his bank to provide him the requested loan.  Since he had substantial equity in the Subject Property we had no trouble arranging him the requested loan