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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 3, 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
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1st TD
Loan Amount: $196,700
LTV: 70%
Location: Sacramento, CA 95820
Property Type: SFR
Investor Net Yield: 9
.25%
Terms: 3yr I/O
Appraised Value: $281,000
Specifics:
Ranch style single family residence with title and wood flooring located near local schools, parks and shopping. Funds are being used for business purpose. Fico 553. 3 Bed/ 2 Bath, 1,316 sqft. dwelling, 6,098 sqft. lot size. This loan has a 6 month prepayment penalty.
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2nd TD
Loan Amount: $644,000
CLTV: 65%
Location: Los Angeles, CA 90019
Property Type: 2 Unit
Investor Net Yield: 10.50
%
Terms: 40/3
Appraised Value: $1,410,000
1st TD: $272,500
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 and a few blocks from The La Brea Tar Pits and Museum. 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.
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2nd TD
Loan Amount: $150,000
CLTV: 40%
Location: Los Angeles, CA 90041
Property Type: SFR
Investor Net Yield: 9
%
Terms: 40/3
Appraised Value: $1,200,000
1st TD: $325,759
Specifics:
Charming single family residence located near local parks and shopping and a few miles from the Rose Bowl and Norton Simon Museum. Funds being used for business purpose. Fico 739. 4 Bed/ 2 Bath, 1,671 sqft. dwelling, 9,805 sqft. lot size. This loan has a 3 month prepayment penalty.
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2nd TD
Loan Amount: $80,000
CLTV: 48%
Location: Berkeley, CA 94708
Property Type: SFR
Investor Net Yield: 8.25
%
Terms: 3yr I/O
Appraised Value: $1,140,000
1st TD: $463,318
Specifics:
Traditional style home with a finished basement suited for Au Pair or in-law quarters and has panoramic views of San Francisco Bay located near the Bay and Golden Gate Bridge. Funds are being used for opening a spa business. Fico 643. 3 Bed/ 2 Bath 1,619 sqft. dwelling 4,182 sqft. lot size. This loan has a 6 month prepayment penalty.
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CA DRE # 018890464
NMLS #399144
| CFL File # 603 K580
An Equal Housing Lender
Equity Wave is a registered trademark of Equity Wave Lending, Inc.
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