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 7, 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: $287,000
LTV:
70%
Location: Los Angeles, CA 90003
Property Type: SFR
Investor Net Yield: 10
%
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. Fico 652. 1 Bed/ 1 Bed, 808 sqft. dwelling, 4,073 sqft. lot size. This loan has a 12 month prepayment penalty.
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2nd TD
Loan Amount: $145,146
CLTV: 64%
Location: Oxnard, CA 93033
Property Type: SFR
Investor Net Yield: 12
.50%
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 an 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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1st TD
Loan Amount: $220,000
LTV:
49%
Location: Los Angeles, CA 90047
Property Type: Commercial/ Mixed
Investor Net Yield: 9
%
Terms: 3yr I/O
Appraised Value: $450,000
Specifics:
Commercial and retail, mixed use property consisting of two buildings located near other local business on a main thoroughfare with good access to local freeways. Funds are being used to pay off existing 1st, in addition to repairs for the buildings. Fico 694. 3,356 sqft. rentable space. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $100,000
CLTV: 39%
Location: Whittier, CA 90604
Property Type: SFR
Investor Net Yield: 10
.25%
Terms: 40/5
Appraised Value: $850,000
1st TD: $231,140
Specifics:
Charming one level traditional style home with pool and spa located a short drive to Biola University and Arroyo Pescadero Trail head. Funds are being used to complete subject project. Fico 744. 6 Bed/ 4 Bath, 2,791 sqft. dwelling, 0.15 acres lot size. This loan has a 12 month prepayment penalty.
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1st TD
Loan Amount: $375,000
LTV:
48%
Location: Los Angeles, CA 90018
Property Type: SFR
Investor Net Yield: 7
.50%
Terms: 40/3
Appraised Value: $780,000
Specifics:
Cozy one level bungalow style home located near University of Southern California and the Natural History Museum of Los Angeles County. Funds are being used to expand existing 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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