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 - April 2, 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: jack@equitywavelending.com
or debbi@equitywavelending.com
or susie@equitywavelending.com
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2nd TD
Loan Amount: $223,750
CLTV: 65%
Location: Rancho Cucamonga, CA 91701
Property Type: SFR
Investor Net Yield: 11
%
Terms: 40/3
Appraised Value: $1,175,000
1st TD: $540,000
Specifics:
Beautiful American traditional style home with pool, spa, grotto, and basketball half-court on a large lot located within a few miles of Mt. Baldy Resort and Glen Helen Regional Park. Funds are being used for business purpose. Fico 687. 5 Bed/ 4 Bath, 4,328 sqft. dwelling, 33,878 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $44,140
CLTV: 64%
Location: Chula Vista, CA 91911
Property Type: SFR
Investor Net Yield: 13
%
Terms: 40/3
Appraised Value: $435,000
1st TD: $236,000
Specifics:
Attractive contemporary style home with recently updated kitchen and bath located near local parks and a few miles from San Diego Bay. Funds will be used to expand a beauty product business. Fico 562. 3 Bed/ 2 Bath, 1,421 sqft. dwelling, 3,120 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $144,850
CLTV: 59%
Location: Torrance, CA 90501
Property Type: SFR
Investor Net Yield: 12
%
Terms: 40/3
Appraised Value: $525,000
1st TD: $167,000
Specifics:
Charming traditional style home located near local parks and shopping and a short drive to The Links at Victoria Golf Course. Funds are being used for the expansion of existing business. Fico 521. 3 Bed/ 1 Bath, 1,078 sqft. dwelling, 8,259 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $725,000
CLTV: 56%
Location: Piedmont, CA 94611
Property Type: SFR
Investor Net Yield: 10
%
Terms: 3yr I/O
Appraised Value: $2,320,000
1st TD: $582,000
Specifics:
Beautiful traditional style home with accessory unit on large lot located within a few miles of Chabot Space & Science Center and several parks and preserves. Funds are being used to renovate property. Fico 676. 4 Bed/ 3 Bath, 2,653 sqft. dwelling, 17,850 sqft. lot size. This loan has a 6 month prepayment penalty.
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