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 - February 14, 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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1st TD
Loan Amount: $300,000
LTV: 60%
Location: Palmdale, CA 93551
Property Type: SFR
Investor Net Yield: 9
.25%
Terms: 40/3
Appraised Value: $500,000
Specifics:
Appealing Contemporary style home with wood and tile flooring and two fireplaces located a short drive to Castaic Lake State Recreation Area. Funds are being used to purchase as investment. 4 Bed/ 4 Bath, 3,480 sqft. dwelling, 6,750 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $310,000
CLTV: 48%
Location: Beverly Hills, CA 90211
Property Type: SFR
Investor Net Yield: 10
%
Terms: 40/3
Appraised Value: $2,660,000
1st TD: $954,996
Specifics:
Beautiful Spanish style home located near Rodeo Drive with numerous upscale restaurants and boutiques. Funds are being used for equipment for current dental practice. Fico 746. 3 Bed/ 2.1 Bath, 2,024 sqft. dwelling, 5,995 sqft. lot size. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $160,000
LTV: 42%
Location: Riverside, CA 92504
Property Type: SFR
Investor Net Yield: 9
.50%
Terms: 3yr I/O
Appraised Value: $380,000
Specifics:
Cozy ranch style home with recent updates located within a few miles of Lake Mathews and Lake Mathews Estelle Mountain Reserve. Funds are being used to expand existing business. Fico 587. 2 Bed/ 1 Bath, 1,309 sqft. dwelling, 50,094 sqft. lot size. This loan has a 3 month prepayment penalty.
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1st TD
Loan Amount: $246,000
LTV: 60%
Location: Los Angeles, CA 90003
Property Type: SFR
Investor Net Yield: 9
.15%
Terms: 3yr I/O
Appraised Value: $410,000
Specifics:
Nice bungalow style home with recently updated kitchen and baths located a short drive to the Staples Center and other local LA attractions. Funds will be used to purchase an investment property. 1 Bed/ 1 Bed, 808 sqft. dwelling, 4,073 sqft. lot size.
This loan has 6 month prepayment penalty.
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2nd TD
Loan Amount: $90,000
CLTV: 50%
Location: San Pedro, CA 90731
Property Type: 2 Units
Investor Net Yield: 9
.50%
Terms: 3yr I/O
Appraised Value: $750,000
1st TD: $282,000
Specifics:
Single story, contemporary style, two unit property with recently updated kitchen and baths located blocks from the ocean. Funds are being used for improvement on commercial building. Fico 650. 3 Beds/ 2 Baths, 1,874 sqft. living area, 4,984 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $75,000
CLTV: 56%
Location: Yorba Linda, CA 92886
Property Type: SFR
Investor Net Yield: 10
.75%
Terms: 3yr I/O
Appraised Value: $850,000
1st TD: $400,000
Specifics:
Desirable colonial style home located very close to Chino Hills State Park Discovery Center and many hiking trails. Funds are being used to start business venture for borrower who has been in same line of work for 30 years. Fico 567. 4 Bed/ 3 Bath, 2,839 sqft. dwelling, 4,791 sqft. lot size. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $375,000
LTV:
57%
Location: Los Angeles, CA 90019
Property Type: SFR
Investor Net Yield: 9.50
%
Terms: 40/3
Appraised Value: $655,900
Specifics:
Charming and cozy single family home located near USC and the Natural History Museum and a short drive to Venice Beach. Funds are being used to expand a real estate business. Fico 807. 2 Bed/ 1 Bath, 1,392 sqft. dwelling, 5,599 sqft. lot size. This loan has a 6 month prepayment penalty.
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