Santee, California Funded Private Equity Loan

Property Type: Single Family Residence

Lien Position: 1st Trust Deed

Loan Amount: $50,000.00

Appraised Value: $385,000.00

LTV: 13%

Loan Rate: 9%

Loan Type: Investment Purpose

Occupancy: Owner Occupancy-Probate Purpose

Term: “12” Months Interest Only

Single Family Blue Residence located in Santee, California where our company funded a $50,000.00 1st Trust Deed Hard Money Loan

We were contacted in September 2016 by the Executor of a Probate Estate looking to obtain funds from an Estate prior to the completion of the Probate Court Case.  Since the Executor had “Full Authority” there was no need to obtain court approval for the Executor to borrow the requested funds.  We were able to fund the loan to the Estate in less than 10 days.