Loan amount
$20,000
Loan type
As-Is Property Value
$70,000
LTV
29%
{LTV}
Property type
Single home family
Borrower Details
Credit score
580
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Alabama
Loan Details
Additional Loan Information
Own clear title. Needs heating system, complete bathroom remodeling, interior cosmetic work, flooring, deck repairs and some other minor work. Property located in Birmingham, Alabama. Non-occupied home. Will sell after the work is complete for $70K. Loan term of 12 months; prefer interest-only.
Status
Closed
Created
December 1, 2019 - 9:41am
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