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Available Trust Deeds

The following Trust Deeds are available immediately. Please contact a Consolidated Mortgage Investment Representative at 702.739-9090 or 877.739.9094 for additional information.


	Commercial Land Refinance - Loan #3111 Funding Immediately! Description: First Trust Deed to refinance 16.34 acres of commercially zoned land located in Southwest Las Vegas near the community of Blue Diamond. This property fronts Hwy. 159 (Red Rock Canyon Road) and the entrance to the town of Blue Diamond with unobstructed views of Red Rock Canyon National Conservation Area. Borrower owns 2,400 acres in this area and has future plans for construction of a residential master planned community. Our First Trust Deed loan will encumber an additional 47.6 acres of residential land within this area, making the loan amount total approximately $37,000 per acre. All municipal utilities (water, electrical, telephone, & gas) are available at the site, which in this area, makes this property unique and valuable. Consolidated Mortgage has enjoyed a successful lending relationship with James Rhodes for approximately 15 years. Loan-to-Value: 64% (appraisal dated 11/2008) Yield (principal value > $100,000): 12.5% Yield (principal value < $100,000): 12.25% Term: 24 months Interest Reserve: 24 months

	Finished Lot Refinance - Loan #3110 Funds Due: 11/21/08 Description: First Trust Deed to refinance 10 finished lots of the Bella Lago residential home development located within the Southern Highlands master planned community. This future neighborhood will feature 81 single family residences. Construction plans call for homes ranging in size from 1,275 to1,755 square feet with an average sales price of $230,000. Located in fast growing southwest Las Vegas, Nevada, Southern Highlands is just off of I-15 at St. Rose Parkway. The 2,700 acre community features thousands of homes, numerous commercial shops, restaurants, and offices as well as a world class golf course and spa. Borrower is a repeat customer with Consolidated Mortgage and remains in good standing. Loan-to-Cost (based on purchase price): 74% Yield (principal value > $100,000): 12.00% Yield (principal value < $100,000): 11.75% Term: 12 months (& two optional 90 day extension periods) Interest Reserve: 12 months

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