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Loan 3275 – 9637 Denhart Avenue – California City, CA 93505
Property Address
9637 Denhart Avenue, California City, CA 93505
Loan Number: 3275
Appraised Value: $430,000.00
Loan Amount: $301,000.00
Loan Position: 1st
Interest: 10.5%
LTV (Loan to Value): 70%
Term: 36 Months
Specifics
SPECIFICS: This is a repeat client. He has excellent credit & payment history with us. This is construction of a single family residence - 4bd, 3ba, 2345 sq ft with a 4 car garage. All construction funds will be sent to La Mesa Fund Control. They will handle the draws and inspections. Final approval for each draw comes to us before it is disbursed.
