Loan amount
$90,000
Loan type
As-Is Property Value
$370,000
LTV
25%
{LTV}
Property type
Mobile home
Borrower Details
Credit score
670
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
Massachusetts
Loan Details
Additional Loan Information
I am looking to buy a double-wide mobile home that is minimum 2bed/1bath. My father's primary home, which will be listed for sale at $280K soon and owned free and clear can be put up as collateral for the loan. The loan will be paid off once the home sells. The home is located in Northborough, MA. Purchase price of the mobile home is $90K. Need to include closing costs in the loan.
Status
Closed
Created
January 22, 2020 - 12:13pm
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