Loan amount
$275,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$350,000
LTV
79%
{LTV}
Property type
Single Family
Borrower Details
Credit score
670
Deal experience
2 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Columbus
State
Ohio
Loan Details
Current mortgage balance
$190,000
How much cash-out are you looking for?
$85,000
Additional Loan Information
A single family home with all new features, vacant ready for renters. Need cash-out refi to start new project of a single family new construction build, permit ready! The refi property will be rented out, and the new construction will begin immediately. New construction will be up for resale upon completion. Refi property will be kept as a rental for a couple years.
Status
Open
Created
November 1, 2023 - 9:28am
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