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 29, 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: $50,000
CLTV: 65%
Location: Upland, CA 91786
Property Type: SFR
Investor Net Yield: 12.25
%
Terms: 40/3
Appraised Value: $577,500
1st TD: $325,000
Specifics:
Appealing traditional style home with updated bathrooms, fixtures, crown molding and vinyl windows located a short drive to Mt. Baldy Resort. Funds are being used to expand existing business. Fico 622. 5 Bed/3 Bath, 2,394 sqft. dwelling, 7,500 sqft. lot size. This loan has a 6 month prepayment penalty.
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$210,000 Available
1st TD
Loan Amount: $250,000
LTV:
60%
Location: Carson, CA 90745
Property Type: Condo
Investor Net Yield: 10
%
Terms: 40/3
Appraised Value: $420,000
Specifics:
Cozy contemporary style condominium with a fireplace and laminate wood flooring in the living areas located near local parks and a short drive to Del Amo Fashion Center. Funds are being used to payoff current 1st lien and purchase inventory for business. Fico 614. 2 Bed/ 2.1 Bath, 1,128 sqft. dwelling.
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: 11.50
%
Terms: 5yr I/O
Appraised Value: $520,000
Specifics:
One level free standing Commercial building located on a main thoroughfare with good access to local freeways. Funds are being used for upgrades to the building. Fico 672. 2,600 sqft. dwelling, 3,250 sqft. lot size. This loan has a 12 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: 11.50
%
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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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: $265,000
CLTV: 37%
Location: Bell Gardens, CA 90201
Property Type: Commercial
Investor Net Yield: 12
.25%
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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