Equity Wave Lending, Inc.
| 2355 Main Street, Ste 230, Irvine, CA 92614
Phone: (949) 252-0025 | Fax: (949) 252-0525
www.equitywavelending.com
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Available Trust Deeds - January 31, 2019
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Here is our current list of available trust deeds.
If you like a trust deed, and wish to see more, simply click the link at the bottom of each Trust Deed to request it.
Please remember the rates posted for each TD are not the "note rate" but the "net rate" to you after the our servicing spread is collected.
We have your needs covered:
✔ Fractional portions available
✔ Over 25 years experience
✔ Over 100 years combined underwriting experience
✔ Competitive servicing program tailored to your needs
✔ ACH direct deposit
✔ Online portal access
✔ Self-directed IRAs OK
✔ Active Department of Business Oversight license
✔ Active California Bureau of Real Estate license
✔ A+ broker license CALBRE record since 1989
✔ Active California Mortgage Association Member
✔ E and O insurance
✔ Fidelity insurance
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*Please note EWL will be posting the newsletter on
Tuesdays and Thursdays.*
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We look forward to serving you on your next transaction.
Much success,
Jack Suddarth
CA BRE #01890464
NMLS #764860
Phone: (949) 252-0025, ext. 102
or (800) 897-3863
Email: [email protected]
or [email protected]
or [email protected]
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2nd TD
Loan Amount: $300,000
CLTV: 60%
Location: San Jose, CA 95127
Property Type: SFR
Investor Net Yield: 12
.50%
Terms: 40/3
Appraised Value: $1,170,000
1st TD: $397,203
Specifics:
Exquisite recently remodeled two story contemporary style home with marble and laminate flooring throughout located near San Jose Country Club and Alum Rock Park. Funds are being used for a business investment. Fico 485. 4 Bed/2.1 Bath, 2,112 sqft. dwelling, 7,128 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $111,000
CLTV: 56%
Location: Altadena, CA 91001
Property Type: SFR
Investor Net Yield: 12
%
Terms: 40/3
Appraised Value: $1,275,000
1st TD: $607,000
Specifics:
Beautiful modern style two story home with wood and tile flooring and 3 fireplaces located near Angelus Mountain Center and local trails and camp sites. Funds are being used for business expansion. Fico 509. 4 Bed/ 3 Bath, 2,817 sqft. dwelling, 12,491 sqft. lot size. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $338,000
LTV:
65%
Location: Oxnard, CA 93030
Property Type: Commercial
Investor Net Yield: 12
%
Terms: 5yr I/O
Appraised Value: $520,000
Specifics:
Great location! Only a 10 minute commute to the waterfront homes. Free standing office building with additional long term cell tower rent. 2600 square feet rentable office space with plenty of parking. 3250 sqft site. Cash cow with a 12 month prepay. Fico 672. Funds are being used to upgrade the building.This loan has a 12 month prepayment penalty.
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.50 Point to Investor
2nd TD
Loan Amount: $275,500
CLTV: 65%
Location: Berkeley, CA 94702
Property Type: SFR
Investor Net Yield: 12.50
%
Terms: 40/3
Appraised Value: $930,000
1st TD: $327,933
Specifics:
Cozy single story bungalow style home with hardwood flooring located a short drive to University of California, Berkeley and McLaughlin Eastshore State Seashore. Funds will be used for existing business. Fico 479. 2 Bed/1 Bath, 950 sqft. dwelling, 4,914 sqft. lot size.This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $97,000
CLTV: 65%
Location: Cerritos, CA 90703
Property Type: PUD
Investor Net Yield: 11.25
%
Terms: 3yr I/O
Appraised Value: $740,000
1st TD: $384,000
Specifics:
Cozy ranch style home with laminate and vinyl flooring throughout located within a few miles of Knott's Berry Farm, Disneyland Park and many other local attractions. Funds are being used for property improvements. Fico 685. 3 Bed/2 Bath, 1,329 sqft. dwelling, 5,700 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $148,750
CLTV: 65%
Location: Oxnard, CA 93033
Property Type: SFR
Investor Net Yield: 12
%
Terms: 40/3
Appraised Value: $455,000
1st TD: $147,000
Specifics:
Cozy ranch style home with upgrades located within a few miles of Hueneme Beach Park and other local beaches. Funds are being used to purchase additional investment property. Fico 538. 4 Bed/2 Bath, 1,206 sqft. dwelling, 6,400 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $265,000
CLTV: 37%
Location: Bell Gardens, CA 90201
Property Type: Commercial
Investor Net Yield: 12
.50%
Terms: 3yr I/O
Appraised Value: $4,786,000
1st TD: $1,529,000
Owner Occupied: Owner User
Specifics:
Nice and recently updated commercial office building, owner user, located on a main street with good access to local freeways. Funds are being used for business. Fico 719. 16,418 sqft. building, 23,823 sqft. lot size. This loan has a 6 month prepayment penalty.
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