Loan amount
$150,000
Loan type
As-Is Property Value
$275,000
LTV
55%
{LTV}
Property type
Single family home
Borrower Details
Credit score
579
Deal experience
13 deals
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
Cash-out refinance for debt consolidation and home improvement. Own property outright; no mortgage. Property on 10.51 acres in Connellsville PA. Owner-occupied. Current value $200K appraised in 2018. Renovation budget $25K. ARV $275K. Prefer long-term loan. Annual household income $50K.
Status
Closed
Created
August 31, 2020 - 8:34am
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