Loan amount
$400,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$750,000
LTV
53%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
699
Deal experience
10 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Groton
State
Connecticut
Loan Details
Current mortgage balance
$100,000
How much cash-out are you looking for?
$300,000
Additional Loan Information
I own the property. I have the purchase agreement signed by the buyer for 750k earnest money of 75k escrow with attorney.
Closing date 8h January. Need 350-400k until the date of the closing.
Closing date 8h January. Need 350-400k until the date of the closing.
Status
Open
Created
November 25, 2023 - 12:58pm
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