Loan amount
$186,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$283,000
LTV
66%
{LTV}
Property type
Single Family
Borrower Details
Credit score
550
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
WILLINGBORO
State
New Jersey
Loan Details
Current mortgage balance
$146,000
How much cash-out are you looking for?
$40,000
Additional Loan Information
I own a property that is currently rented. I have a 2 year term loan expiring 3/1/24. I am looking to pay it off and take out some cash. I owe 141,000 on the note. Their is a dictionary amount owed of 161,000. Looking to cover the amount and start a new term loan. Arv value is $375,000
Status
Open
Created
February 27, 2024 - 12:59am
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