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All Forum Posts by: Ann Bellamy

Ann Bellamy has started 182 posts and replied 3071 times.

Classifieds

Post: Note secured, 14% int only

Ann BellamyPosted
  • Lender
  • Tyngsboro, MA
  • Posts 3,269
  • Votes 2,367

PN $320,000.00 14% interest only, short term loan for 6 months. Extended twice, now matures 9/30/09. Borrower has been performing , I have been servicing the loan and can provide complete payment history. Borrower wishes to extend again.

Secured by 1st position mortgage 2-family with 1.08, on busy road in Concord, NH, (state capitol) ZBA approved for 8 units, zoned RH Residential High Density.

Lender wishes cash back for another investment.

1 Vote