Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Rate:
Term:
Prepayment Penalty:
Private Money Loan Refinance
Equestrian Center & Estate
44%
Penryn, CA
$530,000.00 1st Deed of Trust
9.25%
3 years 7 2 year option at 10%
12 months interest
Scenario: The owner needed to replace a maturing Conventional Loan that could not be renewed.