Loan amount
$110,000
Loan type
Refinance
{Fix&Rent}
After Repair Value
$300,000
ARV
37%
{ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Smyer
State
Texas
Loan Details
Current mortgage balance
$100,000
Cost of improvements
$10,000
Estimated property value after repairs
$300,000
Additional Loan Information
i have a house i have owned for 25 years. i have a mortgage that i have paid 737.00 a month on for 20 years. i need someone to loan me 110,000 on it for a 30 year fixed interest rate. This amount pays off a mortgage and fixes up the house whiich will be worth 300000. i have a cosigner with a high credit score if my credit score is too low.
Status
Open
Created
November 4, 2021 - 9:06pm
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