Loan amount
$500,000
Loan type
Refinance {Cash-Out}
Property value
$1,500,000
LTV
33% {LTV}
Property type
Single Family
Credit score
774
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
City
St Petersburg
State
Florida
Current mortgage balance
$380,000
How much cash-out are you looking for?
$120,000
Additional Loan Information
This is a 4,600sq' residential waterfront property complete with pool and deep water dock & boat lift. With $250,000 already invested for upgrading home, there is only one room, remaining for renovation upgrade to complete renovation project. Property located only 3 minute near St Petersburg Beach in a very desirable and valued area. Most listed properties are being sold at a minimum of 15% plus over listed price with limited supply on market.
Status
Created
May 5, 2021 - 4:11pm

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