West Hills, California Limited Income Funded Loan

Property Type: Single Family Residence-90% Completed

Lien Position: 1st Trust Deed

Loan Amount: $90,000.00

Appraised Value: $1,000,000.00

LTV: 9%

Loan Rate: 9%

Loan Type: Investment Purpose

Occupancy: Non-Owner Occupancy

Term: “24” Months Interest Only

Single Family Single Story House located in West Hills, California where our company funded a $90,000.00 1st Trust Deed Private Equity Loan

In September 2016 we were contacted by a man who was building an expensive custom house in West Hills, California.  When he contacted us, he had already spent over $800,000.00 of his own money but was just coming up a little short.  He needed a little less than $100,000.00 to complete the construction, so we arranged a New 1st Trust Deed for $90,000.00 and we were able to get him the funds in less than a week.