Promissory Note Details

TITLE:
1st Note on Single Family in Southern California
TYPE:
To be created
CONTROL:
Broker
PRICE:
$500,000
FACE VALUE:
$500,000
BALANCE OWING:
$500,000
MONTHLY PAYMENT:
$2,684
ANNUAL PAYMENT:
$32,208
INTEREST RATE:
5.00%
ORIGINATION DATE OF NOTE:
Aug 1, 2025
MATURITY DATE OF NOTE:
Aug 1, 2035
NOTE COLLATERAL INFORMATION
TYPE OF COLLATERAL:
Home
LOCATION:
Riverside, California
RECORDED LIEN POSITION:
1st
INSTRUMENT OF SECURITY:
Deed of Trust
PERSONAL GUARANTEE?
No
COLLATERAL VALUE:
$675,000
COLLATERAL ANNUAL EXPENSES:
$7,000
COLLATERAL NOI:
$29,000
COUNSELOR:
Sharon Kao
360 Solutions Inc.
1317 S Diamond Bar Blvd. #4211
Diamond Bar, California, 91765
Phone: 909-248-3488
Cell: 909-717-8226