Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Rate:
Term:
Prepayment Penalty:
Private Money Loan Refinance
Estate home with 12 acres of wine grapes
50%
Healdsburg, CA
$375,000.00 2nd Deed of Trust
11.25%
3 years with a 2 year option
12 months interest
Scenario: The borrower needed funds to pay off credit cards and improve property to maximize future sale of the property.