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.