Equity Wave Lending, Inc.
| 2355 Main Street, Ste 230, Irvine, CA 92614
Phone: (949) 252-0025 | Fax: (949) 252-0525
www.equitywavelending.com
|
|
Available Trust Deeds - January 17, 2019
|
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
|
*Please note EWL will be posting the newsletter on
Tuesdays and Thursdays.*
|
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]
|
|
|
2nd TD
Loan Amount: $170,000
CLTV: 64%
Location: Pasadena, CA 91107
Property Type: PUD
Investor Net Yield: 11.50
%
Terms: 40/3
Appraised Value: $1,825,000
1st TD: $995,988
Specifics:
Beautiful two story style home, recently remodeled throughout, located a short drive to Eaton Canyon Falls and the Rose Bowl Stadium. Funds are being used for an existing business. Fico 626. 4 Bed/3 Bath, 3,165 sqft. dwelling, 22,681 sqft. lot size. This loan has a 6 month prepayment penalty.
|
1st TD
Loan Amount: $640,000
LTV:
60%
Location: Oakland, CA 94611
Property Type: SFR
Investor Net Yield: 9.75
%
Terms: 40/3
Appraised Value: $1,075,000
Specifics:
Nice contemporary style home with updates located within a few miles of North Oakland Regional Sports Center and Mountain Preserves. Funds are being used to expand existing insurance business. Fico 587. 3 Bed/2 Bath, 1,820 sqft. dwelling, 8,165 sqft. lot size. This loan has a 6 month prepayment penalty.
|
2nd TD
Loan Amount: $210,000
CLTV: 53%
Location: Sherman Oaks, CA 91403
Property Type: SFR
Investor Net Yield: 11
%
Terms: 40/3
Appraised Value: $2,900,000
1st TD: $1,312,500
Specifics:
Alluring modern style home completely renovated throughout located within a few miles of The Getty, UCLA, and many local parks and recreation areas. Funds are being used to obtain inventory for existing business. Fico 699. 6 Bed/6.1 Bath, 4,802 sqft. dwelling, 6,801 sqft. lot size. This loan has a 6 month prepayment penalty.
|
1st TD
Loan Amount: $605,000
LTV:
50%
Location: San Jose, CA 95131
Property Type: Condo
Investor Net Yield: 8.75
%
Terms: 40/3
Appraised Value: $1,205,000
Specifics:
Charming traditional style condominium with attached garage located near a park and a short drive to the San Francisco Bay area. Funds are being used for business purpose. Fico 690. 2 Bed/2.5 Bath, 1,481 sqft. living area. This loan has a 6 month prepayment penalty.
|
|
