Lending Criteria
Loan Position: 1st and 2nd Trust Deeds
Property Types: Non-owner occupied Residential (Single Family, Condo, PUD,) Retail, office, Industrial, Mobile Home Park, Self-Storage, and Mixed Use.
Geographic Location: Southern California
Loan Amount: $25,000 and up
Interest Rate: 11.50% and up
Loan Fee: 2.75%. (Mininum $1,200.00)
Terms: 3 to 18 months
Loan to Value (LTV/CLTV): 65-70%
Other Costs: Appraisal and third party costs such as title, insurance and escrow.