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Purchase Loan in California

  • Posted on July 7, 2017
  • Status: Inactive ?

Loan & Collateral

Loan TypePurchase
Security1st Mortgage
Loan Amount$27,000,000
Collateral Value$50,000,000
Available Downpayment$8,000,000
Calculated LTV54% ?
AddressSAN Diago- Del Mar Estates
CitySan Diago
StateCalifornia
Property TypeLand

Exit Strategy

Build and sell custom production homes

Loan Proceeds

Purchase land- soft costs-

Borrower

ApplicantHOWARD ROSEN
Agency?Other Agent
Organization-----------
Credit Grade Inactive ?
Phone Number Inactive ?