Two Charlotte, NC Newly Created 51% LTV Notes
NOTE 1: Newly created note in Charlotte NC. Borrower is an established local investor. Note has an excellent LTV of 51.3%.
Unpaid Principal Balance: $30084.65, Est. Property Value: $58500.00,
Property Valuation Date: 3/3/2016
Address: 2835 Capitol Dr | Charlotte | NC | 28208
Original Loan Balance: $30250.00, Interest Rate: 8.0%, Balloon Pmt: No, Amortization: 10 years
Note Payment: $367.02, Last Payment Date: 3/10/2016, Origination Date: 2/11/2016, Maturity Date: 3/2026
Deliquent Taxes: none, Note Position: 1st, Property Type: Single Family, 616 sq.ft.
Tenant Occupied, Monthly Rental Income: $695.00
NOTE 2: Newly created note in Charlotte NC. Borrower is an established local investor. Note has an excellent LTV of 51.6%.
Unpaid Principal Balance: $31775, Est. Property Value: $61900,
Property Valuation Date: 3/3/2016
Address: 621 Chicago Ave | Charlotte | NC | 28203
Original Loan Balance: $31950, Interest Rate: 8.0%, Balloon Pmt: No,
Amortization: 10 years
Note Payment: $387.64, Last Payment Date: 3/10/2016, Origination Date: 2/11/2016, Maturity Date: 3/2026
Deliquent Taxes: none, Note Position: 1st, Property Type: Single Family,
702 sq. ft.
Tenant Occupied, Monthly Rental Income: $650.00