Loan amount
$320,000
Loan type
Refinance
{No Cash-Out}
As-Is Property Value
$550,000
LTV
58%
{LTV}
Property type
Single Family
Borrower Details
Credit score
650
Deal experience
11 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Roanoke
State
Virginia
Loan Details
Current mortgage balance
$320,000
Additional Loan Information
I entered into a lease purchase contract in 2017. The amount of that contract is 320. Since 2017 I have invested over 200k in new HVAC, flooring, roof, bathrooms, etc. It will easily appraise now for 550. I just need a new first position loan that can satisfy the original contract.
Status
Open
Created
January 14, 2021 - 10:11am
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