Loan amount
$1,100,000
Loan type
As-Is Property Value
$2,300,000
LTV
48%
{LTV}
Property type
Single family home
Borrower Details
Credit score
620
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
California
Loan Details
Additional Loan Information
I currently own a house worth about $1.2M with an outstanding loan of $690K. Need bridge loan to purchase a new house, asking price is $1.1M, while current home is sold. Owner-occupied. In contract. Current home is in San Jose, CA; new home is in Milpitas, CA.
Status
Closed
Created
June 15, 2020 - 12:43pm
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