Loan amount
$150,000
Loan type
As-Is Property Value
$400,000
LTV
38%
{LTV}
Property type
Rural subdivision
Borrower Details
Credit score
600
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
North Carolina
Loan Details
Additional Loan Information
I own some beautiful land, mortgage free, that I would like to improve and develop. Current value is $400K according to recent appraisal. Asking for 1-2 year loan but development could take less time.
Status
Closed
Created
August 1, 2019 - 8:33am
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