Loan amount
$40,000
Loan type
As-Is Property Value
$245,000
LTV
17%
{LTV}
Property type
Single family home
Borrower Details
Credit score
500
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Indiana
Loan Details
Additional Loan Information
Need equity from my own home. Denied for refi twice because of poor credit. Owner-occupied. Mortgage balance is $170K. Property value appraised at $245K one month ago. Located in Anderson, Indiana. Household income of $135K. Loan duration relatively short-term; 5-7 years but am flexible.
Status
Closed
Created
October 10, 2019 - 9:57pm
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