Loan amount
$500,000
Loan type
As-Is Property Value
$675,000
LTV
75%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
New Construction single family home. Built on a spec basis with 2500 square feet. Lot purchase price $123K. Construction budget $350K. Timeline 3-9 months ARV $675K. Not yet in contract. Property located in St Petersburg. Will sell once complete.
Status
Closed
Created
June 16, 2020 - 10:29am
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