Loan amount
$160,000
Loan type
Refinance
{Construction}
After Repair Value
$335,000
ARV
48%
{ARV}
Property type
Single Family
Borrower Details
Credit score
575
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Houston
State
Texas
Loan Details
Current mortgage balance
$0
Cost of improvements
$160,000
Estimated property value after repairs
$335,000
Additional Loan Information
We already own the land and would like to build a residential home. We have already built & sold one property, the 2nd property is 70% done, and our 3rd project is about 30% completed. We are looking to build a 4th property.
Status
Open
Created
April 2, 2022 - 2:25pm
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