Interest Rates Paid
Interest Rates Paid
12% to 15% rate with 12% to 15% minimum.
First position recorded mortgage.
Loan amount $25,000.00 to $75,000.00
Principal and interest due in one lump sum at closing.
24 Month balloon.
15% to 18% rate with 15% to 18% minimum.
Second position recorded mortgage.
Loan amount $15,000.00 to $30,000.00
Principal and interest due in one lump sum at closing.
24 Month balloon.
15% to 18% rate with 15% to 18% minimum.
Recordable Promissory Note with securitization clause.
Loan amount $2500.00 to $15,000.00.