Loan Strategy:
Bridge

Location:
21 Yellow Top Ln, Smithtown, NY 11787, USA

10% 64% 12 mo.
Rate LTV Term

Rate Detail

  • York Mortgage Rate: 10%
  • Management Fee: 2%
  • Net Investor Rate: 8%

Investment Overview

  • Originator: York Funding LLC
  • Lien Type: First Mortgage
  • Repayment Type: Interest only
  • Origination Date: 02/27/18
  • Maturity Date: 02/27/20

Investment Purpose & Strategy

  • Loan Purpose: Acquisition
  • Loan Strategy: Bridge
  • Property Purchase Price: $ 635,000

LTV Details

  • Market Value: $ 725,000
  • Loan to Value: 64%

View on map / Neighborhood

Description

This property is fully funded

2019-12-06T06:58:46-05:00