LoanBrook Transactions Q2 2018

Reverse Mortgage Refinance of Single Family Owner Occupied Home in San Leandro, CA 94577

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Wage earner borrowers refinanced their owner occupied property and structured as reverse mortgage for debt-consolidation of home improvement! This loan is tailored for borrowers over 62 years of age and does not require a monthly repayment for the life of the loan.  The loan was secured against the borrowers Single Family Residence in San Leandro, […]

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Owner Occupied Single Family Home Purchase in Chatsworth, CA 91311

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Edit Post Add titleOwner Occupied Single Family Home Purchase in Chatsworth, CA 91311 This self-Employed borrower purchased owner occupied property with a Freddie Mac loan.  Self-employed borrower on Freddie Mac who owned their business for over five years qualify to use one year tax return to qualify the income.  This Single Family Residence in Chatsworth,

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Refinance Single-Tenant Retail Building; Walgreens in Fenton, MI 48430

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Refinance of Single-Tenant Retail Building; Walgreens in Fenton, MI!  Commercial loans are subject to Loan-to-Value and Debt Service Coverage restrictions, typically amortized over 25 years and become due in 7 to 10 years.  This loan was secured by a first deed of trust and Closed the 2nd Quarter of 2018.

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