Closed Loans

 

 

 

San Diego, CA, December 22, 2010.  The Loan Company of San Diego provided a $255,000 cash out (1st Trust Deed) on three properties: 1st Trust Deed on two single family residences investor properties and a 2nd Trust Deed on a third single family residence investor property.  The three properties are income producing and sufficiently cover the debt service.  The properties were conservatively estimated resulting in a combined 43% LTV. The Loan Company provided the borrower an excellent loan with a competitive private money rate allowing the borrower to keep the property while using a portion of its equity to satisfy other personal obligations. The borrower was extremely pleased with The Loan Company’s ability to move fast and provide a no hassle free loan.