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 4, 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: $312,000
LTV: 65% 
Location: Orange, CA 92867
Property Type: Commercial 
Investor Net Yield: 9.99 %
Terms: 3yr I/O
Appraised Value: $480,000
Purchase Price: $480,000 
Owner Occupied: No
     
Specifics:
Currently vacant, free standing one level commercial building located off a main thoroughfare. Funds are being used to purchase subject property. Fico 800.  Building has partitions inside and one bathroom. 900 sqft. dwelling, 8,276 sqft. lot size, with 6 on site parking spots and additional unpaved parking areas. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $167,600
CLTV: 65% 
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: $600,000
LTV: 65% 
Location: Hollister, CA 95023
Property Type: SFR
Investor Net Yield: 10 .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. 



Cross Collateralization 
      
 
    
1st TD
Loan Amount: $766,000
LTV: 61% 
Location: Rancho Cucamonga, CA 91739
 Barstow, CA 92311 
Property Type: SFR
Investor Net Yield: 13 %
Terms: 40/3
Appraised Value: $1,250,000
Owner Occupied: Yes
     
Specifics:
Beautiful contemporary style home on large lot with remodeled kitchen and bath located within a few miles of Mt. Baldy Resort, Glen Helen Regional Park, and California State University, San Bernardino. Funds are being used to payoff existing business purpose loan. Fico 660. 5 Bed/ 4 Bath, 3,834 sqft. dwelling, 25,524 sqft. lot size. Cross property is 2 Bed/ 2 Bath, 1,151 sqft. on 6,577 sqft. lot located a few miles of Route 66 Mother Road Museum and Marine Corps logistics base. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $83,400
CLTV: 69% 
Location: Irvine, CA 92614
Property Type: SFR
Investor Net Yield: 12 %
Terms: 40/3
Appraised Value: $1,100,000
1st TD: $680,000
Owner Occupied: Yes
     
Specifics:
Appealing contemporary style home with updated bath located a few miles from University of California Irvine and a short drive to Newport Beach and other local beaches. Funds are being used for business.  Fico 700. 4 Bed/4 Bath, 2,200 sqft. dwelling, 4,050 sqft. lot size. This loan has a 6 month prepayment penalty. 



      
 
    
1st TD
Loan Amount: $345,000
LTV: 60% 
Location: Chino, CA 91710
Property Type: SFR
Investor Net Yield: 8.75 %
Terms: 3yr I/O
Appraised Value: $575,000
Owner Occupied: No
     
Specifics:
Charming ranch style home located near local parks and shopping and a short drive to Marshall Canyon Golf Course and Claremont Hills Wilderness Park. Funds are being used to pay off existing 1st and for capital for existing business. Fico 758. 3 Bed/2 Bath, 1,736 sqft. dwelling, 43,460 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $49,600
CLTV: 65% 
Location: Costa Mesa, CA 92627
Property Type: Condo
Investor Net Yield: 11 .50%
Terms: 3yr I/O
Appraised Value: $555,000
1st TD: $311,100
Owner Occupied: Yes
     
Specifics:
Appealing two story condo with remodeled kitchen with custom tile and bath with granite countertops located within walking distance to Fairview Park and a short drive to the beach.  Funds are being used to expand existing insurance business. Fico 669. 2 Bed/ 2 Bath, 1,176 sqft. dwelling. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $57,000
CLTV: 70% 
Location: North Hills, CA 91343
Property Type: SFR
Investor Net Yield: 12 .50%
Terms: 40/3
Appraised Value: $670,000
1st TD: $412,000
Owner Occupied: No
     
Specifics:
Lovely ranch style dwelling with accessory unit and updated kitchen and bath, on a large lot located blocks from California State University, Northridge and a short drive to Santa Monica Beach. Funds are being used for improvements. Fico 555. 3 Bed/ 2 Bath, 1,826 sqft. dwelling,18,750 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.