Loan amount
$120,500
Loan type
As-Is Property Value
$350,000
LTV
35%
{LTV}
Property type
Single family home
Borrower Details
Credit score
490
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
Want first loan on owner-occupied SFR to pay off liens on property and have funds to renovate before I sell. No loans on the property; only a $35K lien. Property located in Wooster, OH. Annual household income $70K. Current value $260K. ARV $350-375K. 2-3 year loan duration.
Status
Closed
Created
July 14, 2020 - 8:12am
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