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 - May 9, 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
 
or        debbi@equitywavelending.com 
or        susie@equitywavelending.com 
 
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2nd TD
Loan Amount: $1,000,000
CLTV: 40% 
Location: Santa Monica, CA 90405
Property Type: SFR
Investor Net Yield: 10 .25%
Terms: 1yr/ I/O
Appraised Value: $6,600,000
1st TD: $1,624,000
Owner Occupied: No
     
Specifics:
Location, location, location!!!! Luxury two level contemporary style home located blocks from the beach.  Funds are being used to complete subject property. Fico 682.   6 Bed/  4.2 Bath, 8,000 sqft. dwelling, 12,000 sqft. lot size. This loan has a 3 month prepayment penalty. 



  
 
    
2nd TD
Loan Amount: $85,000  
CLTV: 62% 
Location: Riverside, CA 92585
Property Type: SFR
Investor Net Yield: 13.50 %
Terms: 40/3
Appraised Value: $295,000
1st TD: $97,500
Owner Occupied: No
     
Specifics:
Single story contemporary style home with updated bath located near local parks and shopping and a short drive to Menifee Lakes Country Club and Lake Perris State Recreation Area.  Funds are being used for existing plumbing business. Fico 537. 3 Bed/ 2 Bath, 1,500 sqft. dwelling, 14,810 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $700,000
CLTV: 47% 
Location: Manhattan Beach, CA 90266
Property Type: SFR
Investor Net Yield: 9.50 %
Terms: 40/3
Appraised Value: $1,950,000
1st TD: $223,203
Owner Occupied: Yes
     
Specifics:
Lovely traditional style home located a few blocks from Manhattan Beach and local  restaurants and shopping. Funds are being used for expansion of existing business, including additional equipment and software. Fico 805.  3 Bed/ 2 Bath, 1,304 sqft. dwelling, 3,323 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $30,000
CLTV: 66% 
Location: Compton, CA 90220
Property Type: SFR
Investor Net Yield: 13 %
Terms: 40/3
Appraised Value: $403,000
1st TD: $235,000
Owner Occupied: Yes
     
Specifics:
Cozy traditional style home with wood and tile flooring throughout located near local parks and shopping and a short drive to The Links at Victoria Golf Course and California State University Dominguez Hills. Funds are being used for the expansion of an existing business. Fico 566.  3 Bed/ 2 Bath, 1,552 sqft. dwelling, 6,178 sqft. lot size. This loan has a 6 month prepayment penalty. 



Rate Increase
    
 
    
2nd TD
Loan Amount: $346,700
CLTV: 64% 
Location: Napa, CA 94558
Property Type: SFR
Investor Net Yield: 13 .25%
Terms: 40/3
Appraised Value: $1,075,000
1st TD: $345,600
Owner Occupied: Yes
     
Specifics:
Cozy ranch style home on a large lot with updated kitchen, baths, and travertine flooring located within a few miles of Napa Valley Country Club and Skyline Wilderness Park.   Funds are being used to payoff existing business purpose loan.  Fico 602. 2 Bed/ 2 Bath, 1,464 sqft. dwelling, 26,154 sqft. lot size. This loan has a 10 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $100,000
CLTV: 53% 
Location: Novato, CA 94947
Property Type: SFR
Investor Net Yield: 10 %
Terms: 40/3
Appraised Value: $894,000
1st TD: $370,000
Owner Occupied: Yes
     
Specifics:
Attractive ranch style dwelling on large lot with updated kitchen and baths located near several preserves and a few miles from San Francisco Bay.  Funds are being used for existing business.  Fico 642. 2 Bed/ 2 Bath, 1,672 sqft. building, 20,280 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $385,000
CLTV: 65% 
Location: Palm Springs, CA 92262
Property Type: SFR
Investor Net Yield: 11 .50%
Terms: 3yr/ I/O
Appraised Value: $900,000
1st TD: $200,000
Owner Occupied: No
     
Specifics:
Wonderful Mid-century Ranch style home with a pool and spa recently updated throughout located near local golf courses, Mt. San Jacinto, and the Palm Springs Aerial Tram. Funds are being used for business improvement and payoff current 2nd lien. Fico 609. 4 Bed/ 3 Bath, 2,338 sqft. dwelling, 10,458 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $30,000
CLTV: 60% 
Location: Los Angeles, CA 90011
Property Type: SFR
Investor Net Yield: 10 .99%
Terms: 40/3
Appraised Value: $350,000
1st TD: $179,825
Owner Occupied: No
     
Specifics:
Cozy conventional style home with tile flooring throughout located near the Natural History Museum of Los Angeles and a short drive to the Dodger Stadium. Funds are being used to remodel investment property. Fico 674.  2 Bed/ 1 Bath, 837 sqft. dwelling, 5,400 sqft. lot size. This loan has a 6 month prepayment penalty. 



 
CA DRE # 018890464   NMLS #399144 | CFL File # 603 K580
An Equal Housing Lender