Loan amount
$390,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$600,000
LTV
65%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
745
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Melbourne
State
New Jersey
Loan Details
Current mortgage balance
$125,000
How much cash-out are you looking for?
$265,000
Additional Loan Information
In order to buy out their partner, the client is seeking a cash-out refinance for this commercial property.
Status
Open
Created
March 22, 2023 - 3:19pm
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