Loan amount
$319,000
Loan type
As-Is Property Value
$525,000
LTV
61%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
New York
Loan Details
Additional Loan Information
In contract, looking to close quickly so I do not lose the deal. Purchase price $399K. Putting down $80K. Property value based on online appraisals and square footage. Property located in Yorktown Heights NY. Plan to relist it for $525K, or rent, if needed, for approximately $3,600/month. Loan duration 6 months or less depending on the rate.
Status
Closed
Created
August 11, 2020 - 9:08am
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