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 11, 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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1st TD
Loan Amount: $472,500
LTV: 75%
Location: Highland, CA 92349
Property Type: SFR
Investor Net Yield: 10.25
%
Terms: 40/3
Appraised Value: $630,000
Purchase Price: $630,000
Specifics:
Beautiful single story conventional style home, great for entertaining with a remodeled kitchen, a bonus room, pool/ spa and tennis court located near San Manuel Casino and a short drive to Arrowhead Springs and other Mountain resort areas. The property will be held as an investment property. Fico 720. 3 Bed/ 2.1 Bath, 2,633 sqft. dwelling, 41,470 sqft. lot size. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $330,000
LTV: 55%
Location: Ollivehurst, CA 95961
Property Type: Multi Family
Investor Net Yield: 10.25
%
Terms: 5yr I/O
Appraised Value: $600,000
Owner Occupied: No
Specifics:
Multi family property consisting of 6 buildings with 8 units located within a day trip to Lake Tahoe. Funds are being used to payoff existing lien and improvements to the property. Fico 661. 16 Bed/ 8 Bath, 4,806 sqft. dwelling, 43,560 sqft. lot size. This loan has a 12 month prepayment penalty.
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2nd TD
Loan Amount: $161,000
CLTV: 63%
Location: San Francisco, CA 94127
Property Type: SFR
Investor Net Yield: 12
.75%
Terms: 40/3
Appraised Value: $2,100,000
1st TD: $1,172,000
Specifics:
Attractive traditional style home updated throughout with city view located a few blocks from Mt. Davidson Park and a few miles from San Francisco State University. Funds are being used for business purpose. Fico 619. 4 Bed/ 3 Bath, 1,944 sqft. dwelling, 2,996 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $283,000
CLTV: 63%
Location: Bermuda Dunes, CA 92230
Property Type: SFR
Investor Net Yield: 10
.99%
Terms: 40/3
Appraised Value: $1,400,000
1st TD: $598,726
Specifics:
Attractive, one level, conventional style home with pool and spa located near Wood Haven Country Club and Palm Desert Resort Country Club. Funds are being used to refresh the property, pay off existing 2nd TD and invest in an additional property. Fico 625. 6 Bed/ 5 Bath, 5,078 sqft. dwelling, 105,415 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $160,000
CLTV: 66%
Location: Burbank, CA 91504
Property Type: Condo
Investor Net Yield: 11
.75%
Terms: 40/3
Appraised Value: $570,000
1st TD: $215,000
Specifics:
Appealing condominium unit, in 3 story building, with crown moulding, recessed lights, and updated kitchen and bathrooms located a few miles from Universal City Walk, Griffith Observatory, and The Hollywood Bowl. Funds are being used for existing construction business. Fico 769. 2 Bed/ 2.1 Bath, 1,380 sqft. dwelling. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $60,000
CLTV: 59%
Location: San Lorenzo, CA 94580
Property Type: SFR
Investor Net Yield: 10.99
%
Terms: 40/3
Appraised Value: $745,000
1st TD: $381,177
Specifics:
One level ranch style home located in close proximity to the Skywest Golf Course and San Francisco Bay. Funds are being used to purchase a work truck and additional supplies for a business venture. Fico 483. 3 Bed/ 3 Bath, 1,592 sqft. dwelling, 8,658 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $200,000
CLTV: 61%
Location: La Crescenta, CA 91214
Property Type: SFR
Investor Net Yield: 11.25
%
Terms: 40/3
Appraised Value: $620,000
1st TD: $178,500
Specifics:
Cozy cottage style home with with updated kitchen and tankless water heater located a few miles from the Rose Bowl Stadium, Norton Simon Museum and Kidspace Museum. Funds are being used for existing construction business. Fico 678. 3 Bed/ 2 Bath, 1,566 sqft. dwelling, 3,553 sqft lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $50,000
CLTV: 23%
Property Type: SFR
Investor Net Yield: 10.25
%
Terms: 40/3
Appraised Value: $873,000
1st TD: $148,000
Specifics:
Traditional style home on large lot located within a few miles of the San Pablo Bay and San Pablo Bay National Wildlife Refuge. Funds are being used to expand existing business. Fico 633. 2 Bed/ 1 Bath, 1,616 sqft. dwelling, 17,859 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $276,000
CLTV: 64%
Location: Encino, CA 91436
Property Type: SFR
Investor Net Yield: 13
%
Terms: 40/3
Appraised Value: $4,150,000
1st TD: $2,400,000
Specifics:
Stunning, completely remodeled, contemporary style home on large lot with pool and wood and tile flooring throughout located within a few miles of The Getty and University of California Los Angeles. Funds are being used to expand existing business. Fico 769. 5 Bed/ 5.1 Bath, 5,417 sqft. dwelling, 30,788 sqft. lot size. This loan has a 6 month prepayment penalty.
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