Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Position:
Rate:
Term:
Prepayment Penalty:
Private Money Purchase
Residential Lot
50%
Penngrove, CA
$150,000.00
1st Deed of Trust
10.5%
3 year
6 months
Scenario: Borrowers needed funds to purchase a building site where they plan to build their dream home.