Loan 1864 – 1547 E. Anderson Street – Stockton, CA 95205
Property Address
1547 E. Anderson Street - Stockton, CA 95205
Loan Number: 1864
Appraised Value: $160,000.00
Loan Amount: $104,000.00
Loan Position: 1st
Interest: 9%
LTV (Loan to Value): 65%
Term: 60 Months
Specifics
DESCRIPTION: Single family residence, 3 bedroom/1 bath, 999 square feet with a one car garage. The home is leased for $900.00 per month. SPECIFICS: This is a repeat client for Salas Financial. He has a good payment history and excellent credit. We are refinancing the first and the proceeds will go for investment purposes. There is a late charge of 10% of the payment (after 10 days). There is no prepayment penalty on this loan. This loan contains a balloon payment.