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Loan 3267 – 9622 Raymond Avenue – California City, CA 93505

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Property Address

9622 Raymond Avenue-California City-CA-93505

Loan Number: 3267

Appraised Value: $440,000.00

Loan Amount: $311,500.00

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. We have had many transactions with him, all have either paid off and the others are in good standing. All of the money will be sent to La Mesa Fun Control. They will handle the draws and inspections. Final approval for each draw comes to us before being disbursed.