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Seller asking: $52,000.00 (100% of UPB)
Pricing may vary over time and is subject to Seller Approval
 

General Note Information
Product ID
0041047
Lien Position
1st Mortgage/Deed of Trust
Note Status
Newly Originated
Note Type
Conventional
# of Payments Last 12 Months
0
Paid To
02/15/2017
Loan Maturity
04/01/2037
Property Type
Single Family Res
Original Balance
$52,000.00
Principal Balance
$52,000.00
Est. Market Value
$89,900.00
Payment Amount
$572.56
Note Rate
12.000%
Sold Rate
12.000%
Detailed Note Information below
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Detailed Note Information
  • Note Terms
  • Note Dates
Lien Position: 1st Mortgage/Deed of Trust Amortization Type: Fully Amortized Loan Type: Conventional
Original Balance: $52,000.00 Current Balance: $52,000.00 PI: $0.00
Total Payment: $572.56 Note Rate: 12.000% Sold Rate: 12.000%
Total in Trust: 0 Unpaid Interest: $0.00
Late Charges is:
$4.00 after 15 days
Unpaid Charges: $0.00 Prepayment Penalty: No Rate Type: Fixed Rate
Balloon Payment: No Loan Terms Modified: No Registered w/MERS: No
On Forbearance Plan: No In Foreclosure: No In Bankruptcy: No



Seller Comments:
Newly originated loan. House sold to a contractor with a DTI of 18%. The borrower put $7,300 out of pocket to buy this house. $3,000 of which went towards the principal and the remainder went for closing costs.. one year of insurance was paid in advance. 4 months of taxes went into scrow. This loan has the complete RMLO package from Safe Mortgage. The house needed repairs. mainly foundation.
Origination Date: 02/15/2017
First Payment Date: - - -
Paid to Date: 02/15/2017
Next Due Date: 04/01/2017
Maturity Date: 04/01/2037
Last Payment Received: - - -
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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