Loan 3318 – 10357 Redwood – California City, CA 93505
Property Address
10357 Redwood, California City, CA 93505
Loan Number: 3318
Appraised Value: $308,000.00
Loan Amount: $215,600.00
Loan Position: 1st
Interest: 11%
LTV (Loan to Value): 70%
Term: 36 Months
Specifics
SPECIFICS: Construction of a SFR - 4bd, 2ba, 1301 sq ft with a 2-car garage. This is a repeat client with very high credit scores and excellent payment history. He is building several homes. All funds will be held with La Mesa Fund Control and we will be approving all draw request and ordering necessary inspections. He has 4 of the homes already in escrow.
