• Loan Amount: $190,000.00
• Rate: 8.99%
• Appraisal Value: $500,000.00
• Term: 60 months
• Lien Position: First

Our borrowers were in contract to purchase an investment property in Northern CA. The borrowers owned a rental property in Santa Cruz County and were willing to use it as additional collateral. We set the loan up so there was no cash out of the borrower pocket for the purchase.