Loan amount
$500,000
Loan type
Purchase {Rent&Hold}
As-Is Property Value
$900,000 {PP:$550,000}
LTV
56% {LTV}
Property type
Single Family
Borrower Details
Credit score
515
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
New Rochelle
State
New York
Loan Details
Purchase price
$550,000
Down payment
$50,000
Additional Loan Information
I am seeking a hard money loan for my client. She wants to purchase a single family house (short sale wants to move quickly) for $550k and she has a 515 credit score. First time homebuyer.

Please advise, thank you!

Status
Created
March 27, 2024 - 12:29am

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