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Loan 3325 – 7270 Poppy Blvd – California City, CA 93505

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Property Address

7270 Poppy Blvd, California City, CA 93505

Loan Number: 3325

Appraised Value: $350,000.00

Loan Amount: $245,000.00

Loan Position: 1st

Interest: 11%

LTV (Loan to Value): 70%

Term: 36 Months

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Specifics

SPECIFICS: Construction of a SFR - 4bd, 2ba, 1731 sq ft with a 2-car garage. This is a repeat client with very high credit scores and excellent payment history. He is building several homes. All funds will be held with La Mesa Fund Control and we will be approving all draw request and ordering necessary inspections.