Vacant Land in Agoura CA
- Estimated Value: $680,000
- Loan Amount: $220,000
- Position: 1st
- Interest: 12%
- Monthly interest to investor: $2,200.00
- Term: 12 year with 3 month guarantee of interest
Although we don’t consider ourselves to be a land lender, we do have exceptions. Here is a perfect example. The borrower owns a lot in Agoura California. He already has plans to build a Tuscan Farmhouse style home. The appraised value came in at $680,000 and he only owed $150,000. We paid off the 1st and wrote him a new loan of $220,000. 12% interest for 12 months with only a 3 month prepay. He had the option of 11% with a 6 month prepay also. The funds will be used to finish all needed to be shovel ready.
Please contact Judy at 800-571-0887 Extension 2 to inquire about Trust Deeds currently in need of funding. Keep in mind, all loans in this section have already been placed with investors. They are listed here to demonstrate the wide range of loans we offer.
Call 800-571-0887 or fill out our web form for a call back. If you prefer, you can visit our Los Angeles Hard Money Loan office for an in person meeting today.