Loan amount
$250,000
Loan type
As-Is Property Value
$430,000
LTV
59%
{LTV}
Property type
Single family home
Borrower Details
Credit score
640
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Utah
Loan Details
Additional Loan Information
I want to build my own home. I have subcontractors lined up and help from builders who have built numerous houses. I have approved plans and am just needing funding to start. I own the land. It was purchased for $50000 and appraised around $60000. The finished appraisal of the house is estimated at $430000. I am looking at 9 months to build and will be living in the home. Located in Wellington, Utah.
Status
Closed
Created
October 22, 2019 - 7:48pm
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