[su_spacer size=”10″]Performance Report:

As of  6/30/19:

• Year-to-date annualized return: 7.2%
• Number of loans:41
• Gross loan portfolio dollars: $33,461,453 (66.1% in 1st and 33.9% in 2nd position)
• Average loan-to-value: 50.73%*
• Average loan amount: $816,133*

*calculated when loans are initially funded

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Featured Asset:[su_spacer size=”5″]

Our featured property this quarter is located at 4926 Howes Lane in San Jose, California. It is a 1,766 sq ft single-family home sitting on a 7,490 sq ft lot. This 2-story property was built in 1965. It’s situated in a residential neighborhood with nearby schools and easy access to freeways. It has 4 bedrooms and 2.5 bathrooms, a 2-car garage, central heating/cooling, dual pane windows, and a
fireplace. It has leased solar panels.

This borrower came to us with experience in flipping properties and wanted to use our Business Line of Credit to expand his business. Stonecrest provided him with a $175k line in 2nd position against his home. Our combined loanto- value for this deal is 61%.
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Property Types:

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Past 12 months Annualized Returns:

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