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 21, 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: $696,900
LTV: 69%
Location: Temecula, CA 92592
Property Type: SFR
Investor Net Yield: 10.50
%
Terms: 40/3
Appraised Value: $1,010,000
Specifics:
Beautiful one level ranch style home with remodeled kitchen and baths located a short drive to local wineries. Funds are being used for a new investment. Fico 624. 4 Bed/ 3.1 Bath, 2,734 sqft. dwelling, 77,101 sqft. lot size. This loan has a 0 month prepayment penalty.
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2nd TD
Loan Amount: $553,000
CLTV: 59%
Location: Los Angeles, CA 90027
Property Type: 2 Unit
Investor Net Yield: 11.75
%
Terms: 40/3
Appraised Value: $1,850,000
1st TD: $541,000
Specifics:
Beautiful Custom and Contemporary style home with wood and tile flooring throughout located within a few miles of The Greek Theatre and Griffith Observatory. Funds are being used to payoff current business purpose loan and property acquisition and renovation. Fico 588. 6 Bed/6.1 Bath, 3,376 sqft. dwelling, 5,624 sqft. lot size. This loan has a 3 month prepayment penalty.
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2nd TD
Loan Amount: $115,000
CLTV: 69%
Location: Sherman Oaks, CA 91403
Property Type: SFR
Investor Net Yield: 12.75
%
Terms: 40/3
Appraised Value: $1,780,000
1st TD: $1,120,000
Specifics:
Appealing remodeled ranch style home on large lot with pool and city views located within a few miles of the Getty, UCLA and several state and wilderness parks . Funds are being used to expand current law practice. Fico 636. 2,742 sqft., 19,785 sqft lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $156,250
CLTV: 65%
Location: Garden Grove, CA 92843
Property Type: SFR
Investor Net Yield: 11.25
%
Terms: 40/3
Appraised Value: $625,000
1st TD: $250,000
Specifics:
Updated ranch style home with enclosed patio and dual pane windows located within a few miles of mile square park and a short drive to OC Fair and Event Center. Funds are being used to purchase an investment property. Fico 652. 4 Bed/ 2 Bath, 1,342 sqft. dwelling, 7,200 sqft. lot size. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $191,750
LTV: 59%
Location: Apple Valley, CA 92307
Property Type: SFR
Investor Net Yield: 8.50
%
Terms: 40/5
Appraised Value: $325,000
Specifics:
Attractive Ranch style home with laminate and tile flooring located a short drive to Mojave Narrows Regional Park and Spring Valley Lake. Funds will be used for an investment property. Fico 787. 4 Bed/ 2 Baths, 2,531 sqft. dwelling, 1.19 acres lot size. This loan has a 12 month prepayment penalty.
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1st TD
Loan Amount: $100,000
LTV: 11%
Location: Los Angeles, CA 90037
Property Type: Commercial
Investor Net Yield: 9
%
Terms: 3yr I/O
Appraised Value: $945,000
Specifics:
Nice 4 Unit Commercial/Residential property centrally located in dense residential commercial area. Funds are being used to improve property. Fico 705. 4,965 sqft. building on 5,662 sqft lot size. This loan has a 6 month prepayment penalty.
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The following 2 Trust Deeds may be purchased
together, or separately as a 1st & 2nd.
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1st TD
Loan Amount: $630,000
LTV: 60%
Location: Glendale, CA 91201
Property Type: SFR
Investor Net Yield: 10
%
Terms: 40/3
Appraised Value: $1,050,000
2nd TD: $157,500
Specifics:
Attractive Mediterranean style residence with hardwood flooring throughout and pool and spa located a short drive to Griffith Park and Observatory. Funds will be used to purchase an investment property. 3 Bed/ 2 Bath, 1,684 sqft. dwelling, 7,587 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $157,500
LTV: 75%
Location: Glendale, CA 91201
Property Type: SFR
Investor Net Yield: 14.25
%
Terms: 40/3
Appraised Value: $1,050,000
1st TD: $630,000
Specifics:
Attractive Mediterranean style residence with hardwood flooring throughout and pool and spa located a short drive to Griffith Park and Observatory. Funds will be used to purchase an investment property. 3 Bed/ 2 Bath, 1,684 sqft. dwelling, 7,587 sqft. lot size. This loan has a 6 month prepayment penalty.
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