DenSco Investment Corp.

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Lending Guidelines

Maricopa and Pinal County ONLY!

First Position ONLY!

DenSco will lend up to 60% to 70% of the value of property
   - Value considered after fix up is complete
   - Appraisal not necessary

MINIMUM of 15% to 20% down

Interest Rate is 18% per annum
   - Monthly interest only payments

90 to 180 Day Note

No Points, Fee, Closing Costs or Pre-Payment Penalties

Prepared Documents
   - Deed of Trust
   - Promissory Note
   - Personal Guarantee
   - Receipt & Mortgage (if necessary)

Title Insurance
   - Not necessary if home is purchased
     through Trustee Sale
   - Title Insurance (ALTA Policy) is necessary
     if bought any other way

Insurance
   - House must be insured
     a) DenSco Investment Corp must be named
         as Co-Beneficiary or Mortgagee
     b) Must cover replacement cost in case
         of fire
     c) Must have Liability
           - For Home: 100k recommended
           - If home has pool: 300k
             recommended




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