Loan amount
$500,000
Loan type
As-Is Property Value
$721,000
LTV
70%
{LTV}
Property type
Commercial
Borrower Details
Credit score
760
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
New Mexico
Loan Details
Additional Loan Information
Need funds for working capital to expand our organic soil amendment and casting business. Assets include real estate worth $721K; appraisal available. Monthly income of $5,200 currently. Property located in Mesquite, New Mexico; Dona Ana county. Prefer bridge loan for 24/months but will work with a 30/year mortgage.
Status
Closed
Created
July 13, 2020 - 8:39am
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