Equity Wave Lending_ Inc.
Equity Wave Lending, Inc.  2355 Main Street, Ste 230, Irvine, CA 92614
Phone: (949) 252-0025  |  Fax: (949) 252-0525

www.equitywavelending.com

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Available Trust Deeds - June 11, 2019

  
 
Here is our current list of available trust deeds.
 
If you like a trust deed, and wish to see more, simply click the link at the bottom of each Trust Deed to request it. Please remember the rates posted for each TD are not the "note rate" but the "net rate" to you after the our servicing spread is collected.
 
 
We have your needs covered: 
✔ Fractional portions available
✔ Over 25 years experience
✔ Over 100 years combined underwriting experience
✔ Competitive servicing program tailored to your needs
✔ ACH direct deposit
✔ Online portal access
✔ Self-directed IRAs OK
✔ Active Department of Business Oversight license
✔ Active California Bureau of Real Estate license
✔ A+ broker license CALBRE record since 1989
✔ Active California Mortgage Association Member
✔ E and O insurance
Fidelity insurance
 




*Please note EWL will be posting the newsletter on 
Tuesdays and Thursdays.*
   
 
 
 
We look forward to serving you on your next transaction. 
Much success,

Jack Suddarth
CA BRE #01890464
NMLS #764860
 
Phone: (949) 252-0025, ext. 102 
or           (800) 897-3863
 
or        debbi@equitywavelending.com 
or        susie@equitywavelending.com 
 
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1st TD
Loan Amount: $420,000
LTV: 70% 
Location: Castro Valley, CA 94546
Property Type: SFR
Investor Net Yield: 10.50 %
Terms: 3yr I/O
Appraised Value: $600,000
Purchase Price: $650,000 
Owner Occupied: No
     
Specifics:
Cozy bungalow style home with a back deck will be held as an investment property and is located near Lake Chabot and a short drive to the San Francisco Bay area. Fico  712. 2 Bed/ 1 Bath, 909 sqft. dwelling, 5,668 sqft. lot size. This loan has a 6 month prepayment penalty. 



Rate Increase
   
 
    
1st TD
Loan Amount: $600,000
LTV: 65% 
Location: Hollister, CA 95023
Property Type: SFR
Investor Net Yield: 11 .50%
Terms: 40/3
Appraised Value: $930,000
Owner Occupied: No
     
Specifics:
Cute ranch style home on a large lot with new roof, paint, pergo flooring, and granite kitchen countertop located a short distance to Monterey Bay and Santa Cruz. Funds are being used to purchase additional investment properties.  Fico 647. 5 Bed/ 3 Bath, 2,048 sqft. dwelling, 7.93 acres lot size. This loan has a 6 month prepayment penalty. 



$62,900 Available
   
 
    
2nd TD
Loan Amount: $137,900
CLTV: 60% 
Location: Concord, CA 94518
Property Type: SFR
Investor Net Yield: 11.50 %
Terms: 3yr I/O
Appraised Value: $615,000
1st TD: $232,100
Owner Occupied: Yes
     
Specifics:
Appealing ranch style home with updated kitchen and bath located near Diablo Creek Golf Course and a short drive to San Pablo Bay. Funds are being used to convert subject into an ADA compliant residential home. Fico 647. 4 Bed/ 2 Bath, 1,640 sqft. dwelling, 7,600 sqft. lot size. This loan has a 6 month prepayment penalty. 



      
 
    
1st TD
Loan Amount: $302,500
LTV: 55% 
Location: Ridgecrest, CA 93555
Property Type: Commercial
Investor Net Yield: 9.99 %
Terms: 40/3
Appraised Value: $550,000
Owner Occupied: No
     
Specifics:
Nice, two level, mixed use commercial warehouse building with a loft on the second floor and an on-site parking lot located near local parks and shopping.  Funds are being used to pay existing property taxes and for subject improvements. Fico 557. 9,187 sqft. dwelling, 17,860 sqft. lot size. Cap rate of 9.5%. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $506,000
CLTV: 60% 
Location: Fair Oaks, CA 95628
Property Type: Commercial
Investor Net Yield: 11.50 %
Terms: 3yr I/O
Appraised Value: $2,900,000
1st TD: $1,234,000
Owner Occupied: No
     
Specifics:
Multi-tenant retail building with 6 units and 33 parking spaces located in dense residential area and very close to several restaurants and shopping areas.  Funds are being used for business.  Fico 630.  9,667 rentable sqft., 47,045 sqft lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $338,400
CLTV: 69.8% 
Location: Whittier, CA 90602
Property Type: SFR
Investor Net Yield: 11.50 %
Terms: 40/3
Appraised Value: $1,600,000
1st TD: $338,400
Owner Occupied: Yes
     
Specifics:
Two level Colonial Revival Historical home located located in the hills of Whittier.  Funds are being used to pay off existing 2nd TD and capital for dental practice. Fico 707. 4 Bed/  4.2 Bath 4,753 sqft. dwelling 45,738  sqft. lot size. This loan has a 6 month prepayment penalty. 



 
CA DRE # 018890464   NMLS #399144 | CFL File # 603 K580
An Equal Housing Lender
Equity Wave is a registered trademark of Equity Wave Lending, Inc.