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Loan 3261 – 9688 Denhart Avenue – California City, CA 93505

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Property Address

9688 Denhart Avenue, California City, CA 93505

Loan Number: 3261

Appraised Value: $450,000.00

Loan Amount: $315,000.00

Loan Position: 1st

Interest: 10.5%

LTV (Loan to Value): 70%

Term: 36 Months

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Specifics

SPECIFICS: This is a repeat client for Salas Financial. He has excellent credit and payment history with us. We have had many transactions with him and all have either paid off or are in good standing. All of the money will be sent to La Mesa Fund Control who will handle the draws and inspections. Final approval for each draw comes to us before it is disbursed.