Loan Type:
Property Type:
LTV:
Location:
Loan Amount:
Rate:
Term:
Prepayment Penalty:
Private Money Loan Refinance
Ranch/Vineyard
50%
Santa Ynez, CA
$700,000.00 1st Deed of Trust
10%
3 years
12 months interest
Scenario: The owner needed cash out to refinance and upgrade property with a vineyard, pool, spa, and complete interior remodel. Borrower will use property as a wine country vacation rental.