Loan amount
$125,000
Loan type
As-Is Property Value
$495,000
LTV
26%
{LTV}
Property type
Commercial / Retail
Borrower Details
Credit score
700
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
Paying off credit cards, line of credit, fixing roofs and paying off other debits. It is a commercial property that my sister and I own. There are no mortgages or loans on the property. We have a florist, garden center, and farm market on the property in two separate buildings that we manage and own. The location is in Rhinebeck, NY and we are looking for a 10-15 year mortgage.
Status
Closed
Created
January 30, 2020 - 7:33pm
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