| Contract Number: |
B6524521 |
| Mortgage |
| Type: |
Second |
| Amount: |
$17,700.00 |
| Interest Rate: |
10% |
| Monthly Payment: |
147.50 |
| Loan to Value: |
79% |
| Property |
| Location: |
Russel |
| Type: |
Family Home |
| Value: |
$190,000.00 |
| Comments |
THIS DEAL NOW FUNDED
This is an existing second mortgage that the current investor is looking to sell. Mortgage has operated for the past two years with no late or missed payments. Clients have perfect credit history on this deal. The current investor wants to sell this deal to provide capital to fund more aggressive higher return deals (14%+). Because this is an existing deal any interested investor would be required to pay a $750.00 mortgage assignment transfer fee. |
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| Contract Number: |
B6532587 |
| Mortgage |
| Type: |
First |
| Amount: |
$112,500.00 |
| Interest Rate: |
10% |
| Monthly Payment: |
$1,006.30 |
| Loan to Value: |
75% |
| Property |
| Location: |
Just South of Perth |
| Type: |
Store and Home |
| Value: |
$150,000.00 |
| Comments |
THIS DEAL NOW FUNDED
This deal is a convenience store and single family home located just south of Perth. Current first mortgage in place for last five years with no late or missed payments. Current first mortgage holder moved South and does not want to renew. Clients have excellent income and credit report. Banks are not interested in funding this deal because it is part commercial and located outside of town.
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