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Loan 3331 – 21610 Garbaldi Court – California City, CA 93505

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Property Address

21610 Garabaldi Court, California City, CA 93505

Loan Number: 3331

Appraised Value: $310,000.00

Loan Amount: $217,000.00

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, 1301 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.