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 9, 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: $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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2nd TD
Loan Amount: $725,000
CLTV: 56%
Location: Piedmont, CA 94611
Property Type: SFR
Investor Net Yield: 10
.50%
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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2nd TD
Loan Amount: $311,000
CLTV: 65%
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:
Two story conventional style home located in the city of Bermuda Dunes located in close proximity to 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: $189,000
CLTV: 65%
Location: San Francisco, CA 94127
Property Type: SFR
Investor Net Yield: 12
.50%
Terms: 40/3
Appraised Value: $2,100,000
1st TD: $1,172,000
Specifics:
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: $200,000
CLTV: 63%
Location: Los Angeles, CA 90094
Property Type: Condo
Investor Net Yield: 12.75
%
Terms: 40/3
Appraised Value: $1,200,000
1st TD: $559,309
Specifics:
Gorgeous mid-rise style home with fireplace, balcony, and dual-pane windows located a short distance to Marina Del Rey, Venice Beach, and Santa Monica Pier. Funds will be used for expansion of an existing business. Fico 744. 2 Bed/ 2 Bath, 1,408 sqft. dwelling.This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $40,000
CLTV: 63%
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: $50,000
CLTV: 65%
Location: Upland, CA 91786
Property Type: SFR
Investor Net Yield: 12.25
%
Terms: 40/3
Appraised Value: $577,500
1st TD: $325,000
Specifics:
Appealing traditional style home with updated bathrooms, fixtures, crown molding and vinyl windows located a short drive to Mt. Baldy Resort. Funds are being used to expand existing business. Fico 622. 5 Bed/3 Bath, 2,394 sqft. dwelling, 7,500 sqft. lot size. This loan has a 6 month prepayment penalty.
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