Loan amount
$200,000
Loan type
As-Is Property Value
$1,000,000
LTV
20%
{LTV}
Property type
Single family home
Borrower Details
Credit score
517
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
Owned and occupied. Loan to fix up and repairs on property to increase value. Current value $890K. Renovation budget $150K. ARV +$1M. 6 months to complete the work. Property located in Brooklyn, NY. Loan duration 2 years. Mortgage balance $300K.
Status
Closed
Created
March 10, 2020 - 9:43am
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