Loan amount
$306,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$440,000
LTV
70% {LTV}
Property type
Single Family
Borrower Details
Credit score
500
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Charlotte
State
North Carolina
Loan Details
Current mortgage balance
$286,000
How much cash-out are you looking for?
$20,000
Additional Loan Information
I have two investment properties. One is finished, has tenants, and is the property I am looking to get cash-out of so I can finish my second property, which will be done in May. Both properties I plan to sell in May and in June. I just need short-term funding to support finishing the second investment property.
Status
Created
April 30, 2024 - 8:30pm

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