Performing Pool of (3) 1st's - $30.1K UPB 8.937% - $218.1K property value in In

Mortgage Notes For Sale

Performing Pool of (3) 1st's - $30.1K UPB @ 8.937% - $218.1K property value in IN

$27K

5-15% Fee not included

3 performing CFDs for residential properties in Lake County, Indiana.

All notes are serviced Allied Servicing, payment history provided.

Combined property value over $200k.

Breakdown:
960 Summer St, Hammond, IN @ 9.00% (routinely 30 days late)

5012 Jefferson St, Gary, IN @ 9.00% (current)

1624 Carolina St, Gary, IN @ 8.875% (current)

Own this pool of notes today.

1-888-659-3242

NOTE TERMS

Lien Position

1st

Performance (PL/NPL)

Performing

Note Type

Contract For Deed (CFD)

Legal Status

None

Unpaid Principal Balance

$15,053.72

Loan to Value

20%

Origination Date

Apr 15, 2017

Original Balance

$18,400.00

Total Payoff

$15,054.00

Payments Remaining

124.68

Interest Rate

8.875%

Interest-Only Loan

No

Principal and Interest Payment

$185.26

Escrow/Impounds

$115.74

Total Monthly Loan Payment

$301.00

Last Payment Received Date

Apr 4, 2022

Next Payment Date

Apr 15, 2022

Maturity Date

Mar 15, 2032

Accrued Late Charges

$0.00

Hardest Hit Fund State

Yes

Judicial State

Yes

Non-Judicial State

No

PROPERTY DETAILS

Property Type

Single Family

Street Address

[Login to View]

City

Gary

State

Indiana

Zip

46407

County

Lake

Year Built

1966

Floor Size Sq Ft

1964 sqft

Lot Size Sq Ft

5662 sqft

Bedrooms

3

Bathrooms

2.0

Occupancy Status

Occupied

PROPERTY VALUATIONS

Value:

$73,487.00

LTV:

N/A

Date:

11 months ago

Type:

Zestimate

Provided By:

Zillow

Value:

$1,335.00

LTV:

N/A

Date:

8 months ago

Type:

Rent Zestimate

Provided By:

Zillow