Updated over 16 years ago on . Most recent reply
Note secured, 14% int only
PN $320,000.00 14% interest only, short term loan for 6 months. Extended twice, now matures 9/30/09. Borrower has been performing , I have been servicing the loan and can provide complete payment history. Borrower wishes to extend again.
Secured by 1st position mortgage 2-family with 1.08, on busy road in Concord, NH, (state capitol) ZBA approved for 8 units, zoned RH Residential High Density.
Lender wishes cash back for another investment.