Loan amount
$60,000
Loan type
As-Is Property Value
$135,000
LTV
45%
{LTV}
Property type
Single family home
Borrower Details
Credit score
568
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Kentucky
Loan Details
Additional Loan Information
Under contract on a 3 bdr, 2 bath on 9.5 acres. We currently rent the home, but would like it to be our permanent residence. The owner is family and is giving us a break on the price. Purchase price $70K. $10K down. Located in Marion, Kentucky. Our income is $34,000. Plan to refinance once possible.
Status
Closed
Created
April 2, 2020 - 11:38am
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