Loan amount
$0
Loan type
Refinance {Cash-Out}
As-Is Property Value
$185,000
LTV
0% {LTV}
Property type
Other Commercial
Borrower Details
Credit score
650
Deal experience
2 deals
This loan scenario was submitted by a Broker
Yes
Property Details
State
Illinois
Loan Details
Current mortgage balance
$0
Additional Loan Information
Property is a Mix Use Commercial property containing a total of 8 units, 4 commercial units on the ground floor and 4 residential units un the second floor, the property was purchased Cash in 2017 and was completely renovated, its 100% rented and no Mortgage or liens exist, borrower needs to refinance to Cash-out for an additional property they are looking into purchasing
Status
Created
November 30, 2020 - 8:59pm

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