Loan amount
$120,000
Loan type
As-Is Property Value
$130,000
LTV
93%
{LTV}
Property type
Single family home
Borrower Details
Credit score
705
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Rental property owned free and clear. Loan is for debt consolidation to improve credit score and free cash for repairs and minor renovation. Personal debts of $90K. Property located in Melbourne, FL 32901. Current value $120K. ARV $130K. Loan duration 5-10 years. Annual household income $138K.
Status
Closed
Created
July 14, 2020 - 1:47pm
Hard Money Lenders Now Offering Real Estate Investor Loans in Florida Orlando | Tampa | Miami | Jacksonville | Gainesville | Tallahasee Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans