Loan amount
$25,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$60,000
LTV
42% {LTV}
Property type
Single Family
Borrower Details
Credit score
550
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Gillespie
State
Illinois
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$25,000
Additional Loan Information
Build a dugout home and rent the current single family home. The property is 2.5 acres and it is paid in full. We have the deed in hand. We also need to pay off some debt.
Status
Created
October 9, 2021 - 1:09pm

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