Seeking Investor For CA Note
I am new to the site and hope that this is the right way to post the sale of my note. We lend Private Money and sell the notes to investors. Below is the information on the latest note that we have. To log onto our website please contact me for our company name and log-in information.
Note Sale Amount ˆ $69,300
· Note Rate - 19.9%
· Date Available ˆ June 1, 2007
· City ˆ Lincoln
· State - CA
· Type of Property ˆ SFR ˆ Rural 5+ Acres
· Owner Occupied ˆ YES
· Principle Note Amount - $77,000.00
· Note Balance ˆ 69,300.00
· Buyers Net Yield ˆ 16.9%
· Note Type - HELOC
· Appraised Value - $583,000.00
· LTV/CLTV ˆ 73.24%
· Note position ˆ 2nd
· Total Senior Liens - $350,000.00
· Monthly payments due ˆ 1st
· Monthly Payment amount - $1,276.92
· Total Length of Note ˆ 8 Years
· Balloon due date ˆ 05/25/2015
· Servicing ˆ Full
· Total Interest Payout - $122,584.32
· Pre-pay - NO
I might be interested. Send me your contact info and website info.
Thanks, Mike