Loan amount
$3,500,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$5,000,000
LTV
70% {LTV}
Property type
Vacant Land
Borrower Details
Credit score
550
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Long Island
State
New York
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$3,500,000
Additional Loan Information
Owners owns land outright. Wants to borrow money on equity in land.
Status
Created
June 10, 2022 - 6:17pm

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