Just Funded – Medical Office in Montebello
- 1st TD- $1,359,000
- 2nd TD- $133,250
- 5 Year Term
- Other Lenders MAX LTV was 60%
- INBANET Strategized and Funded at 65% CLTV
- Owner User Property
- Unique Underwriting
- Broker Earned $27,180
Just Funded Hard Money Loan in Inland Empire with Line of Credit Option
Gross loan amount $1,000,000 Net funding $750k Available line of credit $250k No interest charge on line of credit Closed in 10 days from submission Referring broker made 15,000
Just Funded 20 Units in City of Gardena
$2,400,000 3.875% P&I 5 year fixed. Amortized for 30 years Major bank required earthquake policy which would have killed cash flow. Out portfolio investor closed it without earthquake insurance poliy Referring broker earned $18,000
Just Funded In-House Temple in Los Angeles
$650,000 9.875% Interest Only 30% loan to value 5 year term No income. No taxes Referring broker earned $9,750
Just Funded Hillside Land Lot in Hollywood with Inbanet’s In-House Hard Money Program
$500,000 Declined by others due to being hillside 50% LTV 18 month term Closed in 7 days Referring broker made $10,000
Just Funded 11 Units in City of Barstow
$270,000 Declined by 10+ Hard Money Lenders 7.25% Interest Rate 15% seller carry allowed 63% Occupancy, No problem 60% LTV Broker Earned $6,750