Loan 3353 – 150 S. Alpine – Stockton, CA 95215
Property Address
150 S. Alpine Road, Stockton, CA 95215
Loan Number: 3353
Appraised Value: $972,000.00
Loan Amount: $300,000.00
Loan Position: 1st
Interest: 10%
LTV (Loan to Value): 31%
Term: 36 Months
Specifics
SPECIFICS: This is a repeat client for Salas Financial with excellent payment history. The proceeds of this loan will be used to complete the accessory unit. Construction funds will be fund controlled and we will approve draws and do inspections. The balance of funds are going to be used for business purposes. She owns a commercial building that is leased.
