Trust Deed Investment
Trust Deed Investment in Los Angeles, CA
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Loan Number: 05185A
The property is a small commercial building being used as a children's library.
There is a separate workshop to the rear of the parking lot
presently being used as a contractor's office.
| Investment Offering 05185A | ||||
| Loan Number: | 05185A | Position: | 1st | |
| Investors Net Rate: | 9.25% | Appraised Value: | $300,000 | |
| Loan To Value Ratio: | 50% | Monthly Payment: | $1234.01 | |
| Balance at Maturity: | $141,152 | Maturity Date: | 10 years | |
| Note: | $150,000 | Equity: | $150,000 | |
| Amortization Period | 30 years | Property Type: | Mixed Use | |
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Lantern Financial Sponsors
"A Divine Gift" !
Lantern Financial and their team can be defined in these terms.
Our Ministry financial needs were pressing and immediate; and the means to continue an extensive building project where great but incomprehensible to conventional lending institutions.
Conventional Banking was insensitive to our needs, schedules and showed little understanding of Church operations and needs. This is where Lantern Financial excelled.
They are time sensitive and possess great understanding of Non-profits.
Lantern's financial Team met our total need and consolidated loans to meet our extended needs. We have not only a lender but a relationship with Lantern Financial.
Our Ministry is most appreciative because of Lantern's understanding, belief and working expertise. They are "A Divine Gift."
A . Turner, Pastor, and President
Covenant Worship Center Ministries
