Loan amount
$50,000
Loan type
As-Is Property Value
$100,000
LTV
50%
{LTV}
Property type
Commercial / Shop
Borrower Details
Credit score
560
Deal experience
12 deals
This loan scenario was submitted by a Broker
Property Details
State
Oregon
Loan Details
Additional Loan Information
I have a shop property worth ~$100K, that I occupy, with no mortgage on it that I need a bridge loan against. I have a piece of real estate that is for sale for $8M, also owned free and clear, but it's taking longer than expected. I can put up the shop property until the piece for sale sells. Shop is located in Lakeview. Property for sale is located in Sutherlin.
Status
Closed
Created
January 29, 2020 - 11:39am
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