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

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Available Trust Deeds -  September 12, 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 
 
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Corrected Loan Amount
    
 
    
1st TD
Loan Amount: $241,500
LTV: 65% 
Location: Los Banos, CA 93635
Property Type: SFR
Investor Net Yield: 9.50 %
Terms: 40/3
Appraised Value: $371,500
Owner Occupied: Yes
     
Specifics:
Charming ranch style home with wood and tile flooring, dual pane windows and 3 car garage located a short drive to San Luis National Wildlife Refuge and Pacheco State Park. Funds are being used to purchase an investment property. Fico 620. 3 Bed/ 2 Bath, 2,085 sqft dwelling, 8,202 sqft. lot size. This loan has a 6 month prepayment penalty. 




$1,000,000 Available / Will Fractionalize
   
 
    
1st TD
Loan Amount: $2,100,000
LTV: 60% 
Location: Costa Mesa, CA 92627
Property Type: Commercial
Investor Net Yield: 8.75 %
Terms: 5yr I/O
Appraised Value: $3,500,000
Owner Occupied: No
     
Specifics:
Commercial building currently being used as an auto sales business located on a main thoroughfare with good freeway access. Funds are being used to payoff the current lien. Gross leasable area 7,565 sqft., .47 acres lot size. This loan has a 3 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $300,000
CLTV: 39% 
Location: Los Angeles, CA 90077
Property Type: PUD
Investor Net Yield: 8.75 %
Terms: 40/3
Appraised Value: $1,690,000
1st TD: $367,000
Owner Occupied: Yes
     
Specifics:
Wonderful two story traditional style home with attached 2 car garage and a pool located near local parks and a short drive to all of the L.A. attractions. Fico  667. 3 Bed/ 2.5 Bath, 2,453 sqft. dwelling. This loan has a 6 month prepayment penalty. 



$716,500 Available
   
 
    
1st TD
Loan Amount: $916,500
LTV: 65% 
Location: Los Angeles, CA 90019
Property Type: 2 Unit 
Investor Net Yield: 9.50 %
Terms: 40/3
Appraised Value: $1,410,000
Owner Occupied: Yes
     
Specifics:
Multifamily Spanish style dwelling with wood flooring and two car garage located near Marina Del Rey and other local beaches, Hollywood Bowl, Griffith Park and Observatory. Funds are being used for existing business and additional property investments. Fico 742.  6 Bed/  2 Bath, 3,568 sqft. dwelling, 7,401 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $360,000
CLTV: 60% 
Location: Ojai, CA 93023
Property Type: SFR
Investor Net Yield: 10.99 %
Terms: 40/3
Appraised Value: $3,600,000
1st TD: $1,800,000
Owner Occupied: Yes
     
Specifics:
Marvelous and spacious contemporary style home recently rebuilt with tile flooring, 2 fireplaces and a pool and spa located near local parks, golf courses and Ojai Valley Inn and Spa and a short drive to Lake Casitas. Funds are being used for business purpose. Fico  671. 4 Bed/ 3 Bath, 3,106 sqft. dwelling, 9.79 acres lot size. This loan has a 6 month prepayment penalty. 



   
 
    
1st TD
Loan Amount: $470,000
LTV: 44% 
Location: Los Angeles, CA 90034
Property Type: SFR
Investor Net Yield: 6.50 %
Terms: 40/3
Appraised Value: $1,065,000
Owner Occupied: Yes
     
Specifics:
Bungalow style home with hardwood and laminate flooring throughout located within a short drive to Marina Del Rey and other local beaches and The Forum venue. Funds are being used to start a consumer transportation business. Fico 620. 3 Bed/  2 Bath 1,490 sqft. dwelling, 5,500 sqft lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $97,500
CLTV: 65% 
Location: Burbank, CA 91504
Property Type: SFR
Investor Net Yield: 11.25 %
Terms: 40/3
Appraised Value: $690,000
1st TD: $352,000
Owner Occupied: Yes
     
Specifics:
Cozy traditional style home with wood flooring and covered patio located a few miles from Griffith Park, Los Angeles Zoo and The Hollywood Bowl. Funds are being used for existing business. Fico 577. 3 Bed/  2 Bath 1,417 sqft. dwelling, 6,696 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.