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


Available Trust Deeds -  October 1, 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        [email protected] 
or        [email protected] 
 
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Lower LTV
   
 
    
1st TD
Loan Amount: $420,000
LTV: 60% 
Location: Fresno, CA 93722
Property Type: Commercial
Investor Net Yield: 11 %
Terms: 3yr I/O
Appraised Value: $700,000
Owner Occupied: No
     
Specifics:
Commercial property with two buildings used as a warehouse and an office currently rented in a commercial area with good access to local freeways. Funds are being used for business purpose. Fico 641. 6,000 sqft. warehouse, 1,120 sqft. office, 19,200 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $90,000
CLTV: 65% 
Location: San Bernardino, CA 92407
Property Type: SFR  
Investor Net Yield: 11.75 %
Terms: 40/3
Appraised Value: $375,000
1st TD: $143,000
Owner Occupied: Yes
     
Specifics:
Contemporary style home with covered entry and back patio located near California State of University San Bernardino and a short drive to Lake Arrowhead.  Funds are being used for existing businesses. Fico 652. 4 Bed/  2 Bath 2,212 sqft. dwelling, 7,168 sqft. lot size. This loan has a 6 month prepayment penalty. 



Will Fractionalize
   
 
    
1st TD
Loan Amount: $1,100,000
LTV: 62% 
Location: Los Osos, CA 93402
Property Type: SFR
Investor Net Yield: 9.50 %
Terms: 40/3
Appraised Value: $1,765,000
Purchase Price: $1,350,000 (Lease Option) 
Owner Occupied: No
     
Specifics:
Rents debt service $9,000 per month for this appealing split level home with accessory unit, newer roof, paint, upgraded kitchen and baths located within a few miles of Morro Bay and Morro Bay State Park.  Funds are being used to purchase as investment property. Fico 686.
4 Bed/  4 Bath 4,118 sqft. dwelling, 43,560 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $307,700
CLTV: 65% 
Location: Rancho Cucamonga, CA 91739
Property Type: PUD   
Investor Net Yield: 10.99 %
Terms: 40/5
Appraised Value: $1,035,000
1st TD: $364,962
Owner Occupied: Yes
     
Specifics:
Two level contemporary style home in the community of Millbrook Estates located near local schools and parks and a short drive to the Mt. Baldy area.  Funds are being used to pay off two existing business loans as well as provide for capital for existing business expansion. Fico 624. 6 Bed/ 4 Bath, 3,532 sqft. dwelling, 38,261 sqft. lot size. This loan has a 12 month prepayment penalty. 



Will Fractionalize
   
 
    
1st TD
Loan Amount: $698,000
LTV: 59%
Location: Huntington Beach, CA 92647
Property Type: SFR
Investor Net Yield: 7.50 %
Terms: 40/3
Appraised Value: $1,210,000
Purchase Price: $1,190,000
Owner Occupied: No
     
Specifics:
Beautiful contemporary style home with a fireplace, 3 car garage and recently updated kitchen and baths will be held as an investment property located a few miles from the ocean and Sunset Beach area. Foreign National, 5 Bed/ 3 Bath, 2,520 sqft. dwelling, 6,930 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $91,000
CLTV: 65% 
Location: Apple Valley, CA 92308
Property Type:Triplex   
Investor Net Yield: 10.99 %
Terms: 40/3
Appraised Value: $295,000
1st TD: $100,700
Owner Occupied: Yes
     
Specifics:
One level triplex with tile and carpet flooring and a 3 car garage located near Spring Valley Lake and Mojave Narrows Regional Park.  Funds are being used for marketing  existing real estate business. Fico 683. 6 Bed/  3 Bath, 2,400 sqft. dwelling, 18,212 sqft. lot size. This loan has a 6 month prepayment penalty. 



Will Fractionalize
   
 
    
1st TD
Loan Amount: $1,300,000
LTV: 69% ARV LTV: 26% 
Location: San Juan Capistrano, CA 93402
Property Type: Commercial
Investor Net Yield: 11.25 %
Terms: 3yr I/O
Appraised Value: $1,895,000
Purchase Price: $5,000,000
Owner Occupied: No
     
Specifics:
Two, one story buildings on large lot in desirable high traffic location across from the famous Mission San Juan Capistrano and Catholic Church. Investor is adding 9 office condos to be sold at completion. Fico 712. 2,880 sqft. building, 16,117 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.