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Torrance, CA

Borrower Profile: Borrower owns several investment properties

Loan Amount: $120,000

Property Info: This 3 bed. 2 bath 1,120 property was purchased as a fixer. The borrower will be doing extensive rehab on the property before reselling.

Loan Purpose: This is a 2nd T.D. cash-out refinance. The cash will go towards completing the rehab.

Term: 12 months with no prepayment penalty

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