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General Note Information
Product ID
0041020
Lien Position
1st Mortgage/Deed of Trust
Note Status
Non Performing
Note Type
Conventional
# of Payments Last 12 Months
8
Paid To
11/18/2016
Loan Maturity
05/03/2037
Property Type
Single Family Res
Original Balance
$301,875.00
Principal Balance
$386,788.00
Est. Market Value
$431,240.00
Payment Amount
$1,933.94
Note Rate
6.000%
Sold Rate
6.000%
Detailed Note Information below
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Zillow.com
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Detailed Note Information
  • Note Terms
  • Note Dates
Lien Position: 1st Mortgage/Deed of Trust Amortization Type: Interest Only Loan Type: Conventional
Original Balance: $301,875.00 Current Balance: $386,788.00 PI: $1,933.94
Total Payment: $1,933.94 Note Rate: 6.000% Sold Rate: 6.000%
Total in Trust: 0 Unpaid Interest: $6,551.83
Late Charges is:
$193.39 after 10 days
Unpaid Charges: $0.00 Prepayment Penalty: No Rate Type: Fixed Rate
Balloon Payment: Yes Loan Terms Modified: Yes Registered w/MERS: No
On Forbearance Plan: No In Foreclosure: No In Bankruptcy: No



Seller Comments:
Original loan was on 5-3-07, since then we have worked with the borrower, created a Forbearance agreement and subsequent Note Modification. The taxes are currently delinquent in the amount of $17,689.42 and the borrower has been notified. There is a protective second with a different lender. The borrower has been very cooperative and would like to stay. Market value is from Zillow on 3-15-17, and will be updated from time to time. Note is interest only, and currently classified as Non-Performing. The loan was a stated loan so a formal 1008 was not executed. A custom submission form was used and property value at the time was the primary basis for the loan. That was customary for stated products in 2007.
Origination Date: 05/03/2007
First Payment Date: - - -
Paid to Date: 11/18/2016
Next Due Date: 12/01/2016
Maturity Date: 05/03/2037
Last Payment Received: 02/21/2017
# of Payments Last 12: 8
Note Payment Amount: $0.00
Tax Portion: $0.00
Insurance Portion: $0.00
Trust Balance: $0.00
1st Trust

Lien Position: 1st Trust Deed/Mortgage Principal Balance: $ 0.00
Monthly Payment: $ 0.00 Modified: Unknown
Current: Unknown Information as of: - - -


2nd Trust

Lien Position: 2nd Trust Deed/Mortgage Principal Balance: $ 0.00
Monthly Payment: $ 0.00 Modified: Unknown
Current: Unknown Information as of: - - -
BK Discharge Date: - - -
BK Chapter: None
BK Dismissal Date: - - -
BK Filing Date: - - -
Date Opened: - - -
Schedule Sale Date: - - -
Draw Period Start Date: - - -
Repayment Period Start Date: - - -
Current Index Name:
Margin: - - - %
Ceiling: - - - %
Floor: - - - %
Next Adjustment:
Adjustment Frequency: 0   Months

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