Loan amount
$300,000
Loan type
As-Is Property Value
$420,000
LTV
72%
{LTV}
Property type
Townhome
Borrower Details
Credit score
620
Deal experience
2 deals
This loan scenario was submitted by a Broker
Property Details
State
Oregon
Loan Details
Additional Loan Information
Looking to purchase home at auction. We were the original buyers. We live in the home currently. The home is in a great location and very well maintained. There was not a lose of job or income. In 2018, we had ID theft which led to the foreclosure. We have had lawyers help fix everything. Home is right next to work. Been in ILW union for 18 years fully vested and has pay guarantee regardless of the economy. Auction price $309K. Located in Portland, OR 97203. Short term; we have a VA loan that we can use once we have secured the short term loan. Annual income $160K/year.
Status
Closed
Created
June 13, 2020 - 8:15am
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