10991 - Eastsound, WA

12 months of payments held back!

This is a buildable lot in Eastsound, WA.  The loan amount is $85,000 and the property has a tax assessed value of $239,000 giving it an LTV of only 35.565%.  The borrower needed the loan for business expansion.  They have been self employed as a home improvment consultant for 27years and have liquid assets of $110,000.  This loan has 12 months of payment reserves. 

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.