10993 - Newport, WA

Verified Income and Reserves!

Owner occupied 1982 manufactured home with stick built expansions on 4 acres in Newport, WA.  This was a purchase transaction with a sale price of $89,000.  The loan amount was $49,600 and the property recently appraised for $95,000 giving it an LTV of 55.7% of the sale price and 52.2% of the appraised value.  The borrower brought in $68,092 of his own money and has $100,000 in reserves. 

For more details call 509.928.6545

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.