Loan amount
$400,000
Loan type
Purchase
{Construction}
After Repair Value
$600,000
{PP:$112,000}
ARV
67%
{ARV}
Property type
Single Family
Borrower Details
Credit score
565
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Olive Branch
State
Mississippi
Loan Details
Purchase price
$112,000
Down payment
$0
Cost of improvements
$288,000
Estimated property value after repairs
$600,000
Additional Loan Information
I am looking to purchase land and build house for single family. I have bad credit but it’s slowly getting repaired. I am looking for a 400,000 loan for 21 years. I would be making 500 dollar payments every we and in return for loan pay the lender 500,000.
Status
Open
Created
November 12, 2022 - 12:27am
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