Loan Type:

Property Type:

LTV:

Location:

Loan Amount:

Rate:

Term:

Prepayment Penalty:

Private Money Loan Refinance

Single Family Home

50%

Calistoga, CA

$1, 375,000.00 2nd Deed of Trust

10%

1 year 

3 months interest prepaid in escrow

Scenario:  The property was in foreclosure. The borrower needed to cure the foreclosure in order to preserve $300,000.00 of equity.