Loan Type: Property Type: LTV: Location: Loan Amount: Rate: Term Prepayment Penalty:
Private Money Loan Refinance Residential Estate and Vineyard 50% Yountville, CA $250,000.00 2nd loan 12% 5 years 6 months |
Scenario: Borrowers need funds to finish construction on his new 7000 sq. ft. home which he intend to sell up completion. In addition to his regular income borrower had 2 acres of premium Cabernet Sauvignon grapes that added to his ability to make payments.