Loan amount
$400,000
Loan type
As-Is Property Value
$525,000
LTV
77%
{LTV}
Property type
Commercial
Borrower Details
Credit score
725
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Virginia
Loan Details
Additional Loan Information
We currently have a note with Burke & Herbert. The note expires this coming year and we wish to refinance into a fixed commercial loan. We owe approximately $180k on the property and is currently valued at approximately $525k. Property located in Manassas, VA 20109. Held as a rental. Prefer a 20-year loan.
Status
Closed
Created
February 6, 2020 - 6:09am
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