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Loan 1864 – 1547 E. Anderson Street – Stockton, CA 95205

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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

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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.