Loan amount
$65,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$120,000
LTV
54%
{LTV}
Property type
Single Family
Borrower Details
Credit score
510
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Grafton
State
West Virginia
Loan Details
Current mortgage balance
$57,000
How much cash-out are you looking for?
$8,000
Additional Loan Information
I am being court ordered to refinance my ex husband and I's current home loan and due to his poor payment history it has affected my credit negatively. I currently took over the home payments and got them up to date, however I need to refinance quickly, as the judge gave me 45 days to do so (since I said I would do it). Since I have to do this, I am looking to take some money out to do some repairs to the home (have concrete steps repaired, the house's electricity updated, etc).
Status
Open
Created
April 1, 2022 - 2:21pm
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