Loan amount
$175,000
Loan type
As-Is Property Value
$350,000
LTV
50%
{LTV}
Property type
Single family
Borrower Details
Credit score
703
Deal experience
6 deals
This loan scenario was submitted by a Broker
Property Details
State
Minnesota
Loan Details
Additional Loan Information
This is a new construction project, land on a lake lot with city water and sewer already acquired. Architect drawings are nearing completion. Will break ground September 1st. Seeking 175,000. Completed value will appraise at 305,000 to 360,000 based on comparables.
Status
Closed
Created
July 25, 2019 - 7:38pm
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