Rate Detail
- York Mortgage Rate: 11%
- Management Fee: 3%
- Net Investor Rate: 8%
Investment Overview
- Originator: York Funding LLC
- Lien Type: First Mortgage
- Repayment Type: Interest only
- Origination Date: 02/14/19
- Maturity Date: 03/01/20
Investment Purpose & Strategy
- Loan Purpose: Refinance
- Loan Strategy: Bridge
- Property Purchase Price: $ 1,400,000
LTV Details
- Market Value: $ 3,200,000
- Loan to Value: 69%