Loan amount
$100,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$200,000
LTV
50% {LTV}
Property type
Other Commercial
Borrower Details
Credit score
680
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Hartland
State
Maine
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$100,000
Additional Loan Information
My client is seeking a cash out on their mixed use property consisting of 4 apts. and 1 storefront. Looking for $100k for longest term and a fixed rate. Value is around $200k. Let me know what can be done. Client is anxious to move quickly to take advantage of another business opportunity.
Thanks,
Status
Created
April 8, 2021 - 12:35pm

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