10971 - Olympia, WA

Property in Olympia, Washington
LTV 51.5% with 43k in Verified Reserves

 

 

                                   

 

 

 

This is a 24 month term on a .75 acre parcel improved with a manufactured home. LTV was derived from Tax Assessed Value which is $145,600. Borrower has owned property since 1990.  He is self-employed in the same field for 15yrs and has a net worth of $650,000.  This non-owner occupied residence rents for $1,450a month with a loan payment of $1000. Loan amount is $75,000 and minimum investment s $7,500.00

MORTGAGE PAPER SECURITIES ARE NOT RATED OR INSURED AGAINST LOSS AND MAY BE SUBJECT TO SUBSTANTIAL RISKS THAT ARE FURTHER DESCRIBED IN THE GENERAL AND SPECIFIC OFFERING CIRCULARS. PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. INVESTORS ARE URGED TO READ THE GENERAL AND SPECIFIC OFFERING CIRCULARS PRIOR TO INVESTING.