[su_spacer size=”10″]Performance Report:

As of 6/30/16:

  • Second quarter average return: 7.75%
  • Year-to-date annualized return: 7.75%
  • Number of loans: 92
  • Gross loan portfolio dollars: $56,213,077 (86.31% in 1st and 13.69% in 2nd position)
  • Average loan-to-value: 48.15%*
  • Average loan amount:$611,012

*calculated when loans are initially funded

[su_spacer size=”10″]

Featured Property:

Our featured property this month is located at 57 Via Navarro in Greenbrae, California. This 2,266sqft two-story single family home rests on a 8,024sqft lot. It has 4 bedrooms and 2.5 bathrooms. The home was built in 1960 and has a full length wood deck with sweeping views of the San Francisco Bay and Mt. Tamalpais, along with an amazing view of the Valley.

Our borrowers are a retired couple looking to relocate out-of-state to be near their children. Our Bridge Loan product allows them to purchase their new property before selling the departing residence. They owned their California home, valued at $1.6 million, free and clear of any liens. We provided a 1st of $660k against Greenbrae for use towards their new purchase. With their excellent credit profile and a loan to value of 41%, this is a great loan for the portfolio.
[su_spacer size=”20″]

Property Types:

[su_spacer size=”10″]

Past 12 months Annualized Returns:

[su_spacer size=”10″]

[table id=71 /]

The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.