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

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Available Trust Deeds -  August 6, 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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Lower Loan Amount
   
 
    
2nd TD
Loan Amount: $126,500
CLTV: 63% 
Location: Oakland, CA 94609
Property Type: 4 Unit  
Investor Net Yield: 13 %
Terms: 40/3
Appraised Value: $1,400,000
1st TD: $762,000
Owner Occupied: No
     
Specifics:
Two 2 story buildings consisting of 3 residential units and 1 commercial unit with new foundations, walls, electrical and interior finishes located a few miles from San Francisco Bay and University of California Berkeley. Funds are being used to renovate the property. 7 Bed/  2 Bath, rentable area is 3,183 sqft., 1,958 sqft lot size. This loan has a 6 month prepayment penalty. 



   
 
    
1st TD
Loan Amount: $255,000
LTV: 61% 
Location: Pomona, CA 91766
Property Type: SFR  
Investor Net Yield: 9 .50%
Terms: 5 yr I/O
Appraised Value: $416,500
Owner Occupied: No
     
Specifics:
Cozy traditional style home with updated kitchen and bath and vinyl windows on large lot located very close to the Angeles National Forest and a short drive to Mt. Baldy resort. Funds are being used for existing business. Fico 626.  2 Bed/  2 Bath 750 sqft. dwelling, 19,800 sqft. lot size.This loan has a 12 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $60,000
CLTV: 65% 
Location: San Diego, CA 92104
Property Type: SFR
Investor Net Yield: 12 %
Terms: 40/3
Appraised Value: $620,000
1st TD: $342,000
Owner Occupied: Yes
     
Specifics:
Conventional style dwelling with manufactured home on lot (no value given to manufactured home) located within a few miles of Coronado, San Diego Air and Space Museum and several other local attractions.  Funds are being used for existing business.   Fico 626.  2 Bed/  1 Bath 764 sqft. dwelling, 7,000 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
1st TD
Loan Amount: $1,500,000
LTV: 53% 
Location: Salida, CA 95368
Property Type: Commercial
Investor Net Yield: 12 %
Terms: 3yr I/O
Appraised Value: $2,825,000
Owner Occupied: No
     
Specifics:
Multi residential property for assisted living facility use located in mainly residential area within a few miles of  Stanislaus River accompanying Parks and trails.  Funds are being used for the purchase of equipment/ furniture and remaining upgrades to the facility. Fico 656.17 Bed/ 12 Bath and 22 other rooms used as offices, laundry, kitchen, etc. 9,114 sqft. dwelling, 26,106 sqft. lot size. This loan has a 6 month prepayment penalty. 



Cross Collateralization- Rate Increase
   
 
    
1st TD
Loan Amount: $115,000
LTV: 50% 
Location: Los Angeles, CA 90031
Property Type: Land 
Investor Net Yield: 11 .50%
Terms: 1yr I/O
Appraised Value: $230,000
Owner Occupied: No
     
Specifics:
2 parcels of land located a few miles from Dodger Stadium, Staples Center and other local attractions. Funds are being used for entitlements. Fico 660.  9,005 sqft and 3,750 sqft. lot sizes. This loan has a 3 month prepayment penalty. 



Rate Increase
   
 
    
2nd TD
Loan Amount: $40,000
CLTV: 64% 
Location: Los Angeles, CA 91326
Property Type: Condo
Investor Net Yield: 13 %
Terms: 40/3
Appraised Value: $580,000
1st TD: $334,000
Owner Occupied: Yes
     
Specifics:
Beautiful Mediterranean style condominium in the Porter Ranch area has updated kitchen, interior and exterior painting and plantation shutters located a few miles from California State University Northridge and several state parks.  Funds are being used for existing business.  Fico 534.  2 Bed/  1.1 Bath 1,096 sqft. dwelling. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $100,000
CLTV: 62% 
Location: Sacramento, CA 95817
Property Type: SFR  
Investor Net Yield: 12 .50%
Terms: 40/3
Appraised Value: $295,000
1st TD: $82,000
Owner Occupied: Yes
     
Specifics:
Ranch style home with updated kitchen and bath located within a few miles of California State University, Sacramento, Sacramento Zoo, Sacramento History Museum and other downtown attractions.  Funds are being used for existing business. Fico 532. 2 Bed/  1 Bath 902 sqft. dwelling, 4,792 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.