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Loan 3206 – 00 Date St. – Chula Vista, CA 91911

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Property Address

00 Date St. - Chula Vista, CA 91911

Loan Number: 3206

Appraised Value: $705,000.00

Loan Amount: $458,250.00

Loan Position: 1st

Interest: 11.5%

LTV (Loan to Value): 65%

Term: 24 Months

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Specifics

SPECIFICS: This is a repeat client for Salas Financial. It's a purchase transaction with construction financing. He will be moving a single-family Spanish style home onto the lot. Our client has good credit and payment history. He plans on renting the property for income purposes. There is no prepayment penalty on this loan. This loan contains a balloon payment.