Pacific Grove, CA
Borrower Profile: Repeat customer of ours who owns several investment properties.
Loan Amount: $390,000
Property Info: Property is located in Pacific Grove, CA. This rental property is a 2 bed, 1 bath 828 sq.ft. home. The property is currently renting for $1,950/month
Loan Purpose: Loan is a cash-out refinance to purchase additional rental property in Big Bear, CA
Term: 12 months with no prepayment penalties