Loan amount
$3,200,000
Loan type
Refinance
{Construction}
After Repair Value
$15,000,000
ARV
21%
{ARV}
Property type
Multi-Family 5+ Units
Borrower Details
Credit score
725
Deal experience
7 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Turlock
State
California
Loan Details
Current mortgage balance
$2,200,000
Cost of improvements
$1,000,000
Estimated property value after repairs
$15,000,000
Additional Loan Information
45% LTV land development loan
Status
Open
Created
May 16, 2023 - 11:48am
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