Loan amount
$88,500
Loan type
Purchase
{Construction}
After Repair Value
$250,000
{PP:$50,000}
ARV
35%
{ARV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Chesterfield
State
Michigan
Loan Details
Purchase price
$50,000
Down payment
$1,500
Cost of improvements
$40,000
Estimated property value after repairs
$250,000
Additional Loan Information
I am Applying for land to build a house on
Status
Open
Created
February 22, 2021 - 9:03pm
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