Loan amount
$350,000
Loan type
Refinance {No Cash-Out}
As-Is Property Value
$5,000,000
LTV
7% {LTV}
Property type
Vacant Land
Borrower Details
Credit score
620
Deal experience
1 deal
This loan scenario was submitted by a Broker
Yes
Property Details
City
Moraga
State
California
Loan Details
Current mortgage balance
$350,000
Additional Loan Information
This client is an experienced developer with over 3 investment properties. She makes about 40k per month average. All she does is buy and flip properties. She wants to refinance the lot, Then take out a construction loan to build a single family home worth 800k.
Wants to move forward asap
Status
Created
November 2, 2023 - 4:18pm

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