Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Rate:
Term:
Prepayment Penalty:
Private Money Loan Purchase
Residential Investment Property
53%
Napa, CA
$585,000
9%
3 years
6 months interest
Scenario: The borrowers needed funds to purchase an investment property for their rental portfolio. This new home is to be used as a vacation rental.