Loan Type:

Property Type:

LTV:

Location:

Loan Amount:

Position: 

Rate:

Term:

Pre-Payment Penalty:

Private Money Loan Refinance

Air B&B Retreat on 40 Acres

61%

Occidental, CA

$600,000

2nd Deed of Trust

7.75%

3 years 

6 months interest

 

Scenario: Funds to be used to improve the property and add additional unit for vacation rentals.