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.