Loan amount
$210,000
Loan type
As-Is Property Value
$400,000
LTV
53%
{LTV}
Property type
New construction (residential)
Borrower Details
Credit score
720
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
I own the land free and clear. Purchased for $41K. Can put 30% down. if needed; $70K. Construction will take 6 months. Property will be worth an estimated $399,900 once completed. I have flipped 10 homes and helped my Dad build 4 homes. Will refinance upon completion and owner-occupy. Property located in Sidney, OH.
Status
Closed
Created
June 30, 2020 - 1:21pm
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