This is a refi of the 2nd. This 2nd trust deed from a los angeles hard money loans
is $160,000 at 12.5% for 24 months with a 3 month pre payment penalty. The LTV is 63% with a appraised value of $625,000. A sale after the appraisal would help this appraisal go higher and I can send you that sold comp.
This house with a rented GRANNY FLAT in back are all on a large lot in the heart of the Claremont Village. There are 7 world renowned private universities and grad schools here. Property values soared after it was recently announced by Newsweek Top College issue, that Pomona College was voted 1# top College in the nation over Harvard, Yale etc.
If you are looking for a San Diego hard money loan or los angeles hard money loans
, call today. If you looking for Southern California trust deed investments, call today.