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 6, 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: $1,105,000
LTV: 65% 
Location: Los Angeles, CA 90094
Property Type: Condo
Investor Net Yield: 9.99 %
Terms: 40/3
Appraised Value: $1,700,000
Owner Occupied: No
     
Specifics:
Attractive, three level, Mediterranean style condominium home located within walking distance from Venice Beach, the Santa Monica Pier, and other local attractions.  Funds are being used for improvements on an additional investment property. Fico 557. 3 Bed/ 3.1 Bath, 2,520 sqft. dwelling. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $110,000
CLTV: 49% 
Location: Long Beach, CA 90807
Property Type: SFR
Investor Net Yield: 9.50 %
Terms: 40/3
Appraised Value: $840,000
1st TD: $303,000
Owner Occupied: Yes
     
Specifics:
Beautiful contemporary style home with updated kitchen and baths and recessed lighting located near the Aquarium of the Pacific, Queen Mary, and other local beach attractions. Funds are being used for marketing and business equipment. Fico 487. 4 Bed/ 3 Bath, 2,852 sqft. dwelling, 5,526 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
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: $600,000
LTV: 65% 
Location: Hollister, CA 95023
Property Type: SFR
Investor Net Yield: 11 %
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. 



      
 
    
1st TD
Loan Amount: $498,000
LTV: 60% 
Location: Van Nuys, CA 91401
Property Type: SFR
Investor Net Yield: 8.25 %
Terms: 5yr I/O
Appraised Value: $830,000
Owner Occupied: No
     
Specifics:
Cozy cape style home with updated kitchen and bathrooms located a short drive to Universal Studio, Griffith Observatory, and the Hollywood Bowl. Funds are being used for existing business. Fico 622. 3 Bed/2 Bath, 1,524 sqft. dwelling, 8,065 sqft. lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $33,500
CLTV: 59% 
Location: Colfax, CA 95713
Property Type: SFR
Investor Net Yield: 12 %
Terms: 40/3
Appraised Value: $350,000
1st TD: $174,500
Owner Occupied: Yes
     
Specifics:
Delightful contemporary style home with updated roof, paint, and vinyl windows located on a large lot. Funds are being used for existing business. Fico 724.  2 Bed/  2 Bath, 1,418 sqft. dwelling, 12,130 sqft lot size. This loan has a 6 month prepayment penalty. 



   
 
    
2nd TD
Loan Amount: $47,000
CLTV: 67% 
Location: North Hills, CA 91343
Property Type: SFR
Investor Net Yield: 12 .50%
Terms: 40/3
Appraised Value: $670,000
1st TD: $405,000
Owner Occupied: No
     
Specifics:
Lovely ranch style dwelling with accessory unit, updated kitchen and bathrooms, on 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. 



      
 
    
1st TD
Loan Amount: $70,000
LTV: 64% 
Location: Victorville, CA 92395
Property Type: PUD
Investor Net Yield: 9.50 %
Terms: 40/3
Appraised Value: $110,000
Owner Occupied: No
     
Specifics:
Cozy bungalow style home with updated bath located near Spring Valley Lake and Mojave Narrows Regional Park.  Funds are being used to finish renovations. Fico 757. 2 Bed/ 1 Bath, 984 sqft. dwelling. 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.