Hesperia, CA

This loan is a first deed of trust on a single-family residence in Hesperia, CA. Hesperia is a growing High Desert community in northern San Bernardino County, located approximately 35 miles north of San Bernardino and 75 miles northeast of Downtown Los Angeles. Situated along the Interstate 15 corridor between Victorville and Apple Valley, the city serves as an important residential and commercial hub within the Victor Valley region. Hesperia offers relatively affordable housing, convenient regional access, and an expanding economy supported by retail, healthcare, education, logistics, warehousing, construction, and professional services. The subject is a single-story single-family residence situated on an approximately 0.57-acre hillside parcel within an established residential neighborhood. Originally constructed in 1972, the property contains approximately 1,961 square feet of living area and features three bedrooms and two full bathrooms. The elevated setting provides panoramic views of the surrounding High Desert and nearby mountain ranges, while the oversized lot offers privacy and ample outdoor space. Interior features include generously sized living areas, a kitchen with built-in appliances, a large bonus family room, central heating and air conditioning, a fireplace, and an attached three-car garage. Exterior improvements include a covered patio and spacious backyard with room for entertaining, gardening, and other recreational uses. The Borrower purchased the property from her brother’s estate in 2025 for $400,000 and currently owns it free and clear. Since acquiring the property, she has completed improvements and prepared the home for a new tenant. The property is currently listed for rent at $2,550 per month. The purpose of the loan is to provide cash out to pay the contractor for work already completed and establish reserves for future renovations and investment projects. Before maturity, the Borrower intends to refinance into a long-term loan. The Borrower is a trust whose trustee is a retired attorney and currently teaches for the Los Angeles Community College District, with approximately 35 years of teaching experience. Financials reflect approximately $46,121 in deposits over the past three months. She also owns her primary residence in Los Angeles with approximately $375,000 in protective equity and has a FICO score of 677. The loan will have a maturity of 24 months.