Loan amount
$310,000
Loan type
Refinance
{Cash-Out}
Property value
$719,000
LTV
44%
{LTV}
Property type
Single Family
Credit score
500
Deal experience
25 deals
This loan scenario was submitted by a Broker
No
State
Idaho
Current mortgage balance
$0
Additional Loan Information
i have a 5 acre pre subdivision that requires a buyout of the credit union who currently has a mortgage. Once the mortgage is paid i will then subdivide and build 16 sf homes. I am paying off the trust so i need a lender who requires no money down and will wrap up fees at the back of the loan i also need a lender to either agree to be subordinate to a construction loan or also provide that as well.
Status
Open
Created
December 16, 2020 - 9:37pm
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