Loan amount
$50,000
Loan type
As-Is Property Value
$249,000
LTV
21% {LTV}
Property type
Single family home
Borrower Details
Credit score
522
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Virginia
Loan Details
Additional Loan Information
I am the property owner and I have a lot of equity in the house, But bad credit and a bankruptcy over two years ago is preventing me from getting a traditional loan. Mortgage balance is $122,459. Owner occupied. Loan is to finish the basement so it can be rented out. Located in Culpeper. Looking for 1 year loan.
Status
Created
September 15, 2019 - 8:06am

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