Loan amount
$2,100,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$7,000,000
LTV
30%
{LTV}
Property type
Vacant Land
Borrower Details
Credit score
700
Deal experience
10 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Tyler
State
Texas
Loan Details
Current mortgage balance
$834,000
How much cash-out are you looking for?
$1,266,000
Additional Loan Information
Own 95 acres already subdivided into 131 lots. 2 spec homes 90% completed. Need funds for 12 months.
Status
Open
Created
May 3, 2024 - 12:28am
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