Loan Type:Property Type:

LTV:

Location:

Loan Amount:

Rate:

Term:

Prepayment Penalty:

 

Private Money Loan Refinance

Single Family Residence

50%

Cloverdale, CA

$90,000.00

12%

2 years

None

Scenario: Borrower owned this home “free and clear” and needed funds to buy his next property to “flip”. Borrower has a good track record with California Private Money Lenders and plans to keep buying and “flippin” properties.