Equity Wave Lending_ Inc.
Equity Wave Lending, Inc.  2355 Main Street, Ste 230, Irvine, CA 92614
Phone: (949) 252-0025  |  Fax: (949) 252-0525

www.equitywavelending.com

facebook

Mailing List

Available Trust Deeds - May 30, 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 
 
null
   
 
    
1st TD
Loan Amount: $1,650,000
LTV: 60% 
Location: Santa Ana, CA 92705
Property Type: SFR
Investor Net Yield: 10 %
Terms: 40/2
Appraised Value: $2,750,000
Owner Occupied: No
     
Specifics:
Stunning conventional style home with remodeled kitchen and bath and panoramic views located near Irvine Regional Park and Tustin Ranch Golf Club.  Funds are being used to complete construction. Fico 744.  5 Bed/ 5 Bath, 6,040 sqft. dwelling, 25,195 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $350,000
CLTV: 48% 
Location: Santa Monica, CA 90405
Property Type: 3 Unit 
Investor Net Yield: 10 %
Terms: 40/3
Appraised Value: $1,876,960
1st TD: $545,000
Owner Occupied: No
     
Specifics:
Desirable two story multi-family dwelling with updated kitchens located less than a mile from Santa Monica Beach and a nice walk to Santa Monica Pier and other beach attractions.  Funds are being used for property improvement.  Fico 598. 8 Bed/ 4.5 Bath, 3,232 sqft. dwelling, 4,791 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $50,000
CLTV: 45% 
Location: Palm Desert, CA 92211
Property Type: Condo
Investor Net Yield: 11 %
Terms: 40/3
Appraised Value: $210,000
1st TD: $45,000
Owner Occupied: Yes
     
Specifics:
Delightful condo with remodeled kitchen and bath located on the greenbelt of Palm Desert Resort Country Club.  Funds are being used for existing business. Fico 717.  1 Bed/  1 Bath, 958 sqft. dwelling. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $167,600
CLTV: 65% 
Location: Concord, CA 94518
Property Type: SFR
Investor Net Yield: 10.99 %
Terms: 3yr I/O
Appraised Value: $615,000
1st TD: $232,100
Owner Occupied: Yes
     
Specifics:
Appealing ranch style home with updated kitchen and bath located near Diablo Creek Golf Course and a short drive to San Pablo Bay. Funds are being used to convert subject into an ADA compliant residential home. Fico 647. 4 Bed/ 2 Bath, 1,640 sqft. dwelling, 7,600 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $275,000
CLTV: 55% 
Location: Dana Point, CA 62624
Property Type: SFR
Investor Net Yield: 11 .25%
Terms: 5yr I/O
Appraised Value: $1,100,000
1st TD: $334,169
Owner Occupied: Yes
     
Specifics:
Charming traditional style home with two of the three bedrooms with French doors opening out to the balcony located a nice bike ride to the ocean. Funds are being used for business purpose. Fico 520. 3 Bed/ 3 Bath, 1,970 sqft. dwelling, 7,800 sqft. lot size. This loan has a 12 month prepayment penalty. 



Cross Collateralization 
      
 
    
1st TD
Loan Amount: $766,000
LTV: 61% 
Location: Rancho Cucamonga, CA 91739
 Barstow, CA 92311 
Property Type: SFR
Investor Net Yield: 12 %
Terms: 40/3
Appraised Value: $1,250,000
Owner Occupied: Yes
     
Specifics:
Beautiful contemporary style home on large lot with remodeled kitchen and bath located within a few miles of Mt. Baldy Resort, Glen Helen Regional Park, and California State University, San Bernardino. Funds are being used to payoff existing business purpose loan. Fico 660. 5 Bed/ 4 Bath, 3,834 sqft. dwelling, 25,524 sqft. lot size. Cross property is 2 Bed/ 2 Bath, 1,151 sqft. on 6,577 sqft. lot located a few miles of Route 66 Mother Road Museum and Marine Corps logistics base. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $86,500
CLTV: 65% 
Location: Escondido, CA 92029
Property Type: SFR
Investor Net Yield: 12 .50%
Terms: 40/3
Appraised Value: $645,000
1st TD: $332,713
Owner Occupied: Yes
     
Specifics:
Lovely traditional style home with updated kitchen, accessory unit, and and dual pane windows located a short drive to Moonlight State Beach and Encinitas Ranch Golf Course.  Funds are being used to expand existing business. Fico 653. 3 Bed/ 2 Bath, 1,864 sqft. dwelling, 2.4 acres lot size. This loan has a 6 month prepayment penalty. 



Rate Increase
   
 
    
2nd TD
Loan Amount: $53,000
CLTV: 50% 
Location: Duarte, CA 91010
Property Type: SFR
Investor Net Yield: 11 %
Terms: 3yr I/O
Appraised Value: $400,000
1st TD: $145,878
Owner Occupied: Yes
     
Specifics:
Cozy traditional style home with tile and laminate flooring throughout located near Los Angeles County Arboretum and a short drive to the Angeles National Forest. Funds will be used to expand existing business. Fico 587. 3 Bed/ 1 Bath, 884 sqft. dwelling, 8,196 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
1st TD
Loan Amount: $600,000
LTV: 65% 
Location: Hollister, CA 95023
Property Type: SFR
Investor Net Yield: 10 %
Terms: 40/3
Appraised Value: $930,000
Owner Occupied: No
     
Specifics:
Cute ranch style home on a large lot with new roof, paint, pergo flooring, and granite kitchen countertop located a short distance to Monterey Bay and Santa Cruz.  Funds are being used to purchase additional investment properties.  Fico 647. 5 Bed/ 3 Bath, 2,048 sqft. dwelling, 7.93 acres lot size. This loan has a 6 month prepayment penalty. 



      
 
    
1st TD
Loan Amount: $150,000
LTV: 43% 
Location: Friant, CA 93626
Property Type: SFR
Investor Net Yield: 7.75 %
Terms: 3yr I/O
Appraised Value: $350,000
Owner Occupied: Yes
     
Specifics:
Beautiful ranch style home with solar system located a short distance to Millerton Lake and Kechaye Cultural Preserve and a short drive to Sierra National Forest.  Funds are being used for existing business.  Fico 725. 4 Bed/ 2 Bath, 1,748 sqft. dwelling, 13,090 sqft. lot size. This loan has a 6 month prepayment penalty. 



 
CA DRE # 018890464   NMLS #399144 | CFL File # 603 K580
An Equal Housing Lender
Equity Wave is a registered trademark of Equity Wave Lending, Inc.