Loan amount
$375,000
Loan type
As-Is Property Value
$600,000
LTV
63%
{LTV}
Property type
Single family home
Borrower Details
Credit score
630
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
New Construction 3500 sqft. .70 acre in established neighborhood. Currently in contract to purchase the land for $110K. Construction budget of $250K. Timeline 6-9 months. 4 bed, 2 bathroom. ARV $600K. Will sell once construction is completed. Located in Midlothian, TX.
Status
Closed
Created
October 15, 2019 - 1:01pm
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