Loan Type:

Property Type:

LTV:

Location:

Loan Amount:

Rate:

Term:

Prepayment Penalty:

Private Money Loan Refinance

Vineyard

65%

Kelseyville, CA

$340,000.00 2nd

12%

1 year

1 year prepaid in escrow

 

Scenario: The  Borrower had property “For Sale” due to an unexpected family situation. The family needed funds for working capital until the property sale was finalized.