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 - February 12, 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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2nd TD
Loan Amount: $150,000
CLTV: 67%
Location: Newport Beach, CA 92663
Property Type: SFR
Investor Net Yield: 10
.25%
Terms: 40/3
Appraised Value: $1,780,000
1st TD: $1,051,257
Specifics:
Beautiful Contemporary style home located a short drive to Balboa Island and many local shops and dinning. Funds are being used for capital for existing law office business. Fico 758. 3 Bed/ 2.1 Bath, 2,116 sqft. dwelling, 7,500 sqft. lot size. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $287,000
LTV:
70%
Location: Los Angeles, CA 90003
Property Type: SFR
Investor Net Yield: 10
%
Terms: 3yr I/O
Appraised Value: $410,000
Specifics:
Nice bungalow style home with recently updated kitchen and baths located a short drive to the Staples Center and other local LA attractions. Funds will be used to purchase an investment property. 1 Bed/ 1 Bed, 808 sqft. dwelling, 4,073 sqft. lot size. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $160,000
LTV: 42%
Location: Riverside, CA 92504
Property Type: SFR
Investor Net Yield: 9
.50%
Terms: 3yr I/O
Appraised Value: $380,000
Specifics:
Cozy ranch style home with recent updates located within a few miles of Lake Mathews and Lake Mathews Estelle Mountain Reserve. Funds are being used to expand existing business. Fico 587. 2 Bed/ 1 Bath, 1,309 sqft. dwelling, 50,094 sqft. lot size.This loan has a 3 month prepayment penalty.
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$60,000 Available
1st TD
Loan Amount: $220,000
LTV:
49%
Location: Los Angeles, CA 90047
Property Type: Commercial/ Mixed
Investor Net Yield: 9
%
Terms: 3yr I/O
Appraised Value: $450,000
Specifics:
Commercial and retail, mixed use property consisting of two buildings located near other local business on a main thoroughfare with good access to local freeways. Funds are being used to pay off existing 1st, in addition to repairs for the buildings. Fico 694. 3,356 sqft. rentable space. This loan has a 6 month prepayment penalty.
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1st TD
Loan Amount: $375,000
LTV:
57%
Location: Los Angeles, CA 90019
Property Type: SFR
Investor Net Yield: 9.50
%
Terms: 40/3
Appraised Value: $655,900
Specifics:
Charming and cozy single family home located near USC and the Natural History Museum and a short drive to Venice Beach. Funds are being used to expand a real estate business. Fico 807. 2 Bed/ 1 Bath, 1,392 sqft. dwelling, 5,599 sqft. lot size. This loan has a 6 month prepayment penalty.
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