- Collateral: First Trust Deeds on two homes located in the Henderson area. The two homes are currently leased and generate a total of $2,875/mo in lease revenue.
- Loan-To-Value: 64% loan-to-value based on comparable sales of similar properties in the immediate neighborhoods of both properties, the two homes are estimated by NV Capital Corporation to have a current market value of $625,000.
- Borrower/Guarantor Profile: Borrower has owned a profitable local business for nearly 30 years.
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