Loan amount
$75,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$130,000
LTV
58% {LTV}
Property type
Single Family
Borrower Details
Credit score
575
Deal experience
6 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Austin
State
Minnesota
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$75,000
Additional Loan Information
This home is for sale, but we need cash out now to do improvements that will help facilitate the sale. We also need funds to make improvements on another home that needs to go up for sale, and to pay off some debt that is keeping our credit scores unreasonably low. The home is paid in full. We'll pay off the loan as soon as we sell the home.
Status
Created
May 1, 2024 - 5:13am

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