• Loan Amount: $207,000
  • Rate: 5.99%
  • Appraisal Value: $ 460,000
  • Term: 36 months
  • Lien Position: First

This is the second of the 2 homes in College Heights we financed for this borrower. This borrower couldn’t get conventional financing and needed funds fast to purchase another rental. Even though this is student housing for SDSU, the property qualified for our Best for Best 5.99% program after a complete remodel.