Loan amount
$300,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$500,000
LTV
60%
{LTV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
15 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Atlanta
State
Georgia
Loan Details
Current mortgage balance
$264,000
How much cash-out are you looking for?
$36,000
Additional Loan Information
Square footage—1,100 | Conversion—2,200 Square footage
As-Is Value--$500,000.00
Amount owed--$264,000.00
Exit Strategy-Sell the property
Original purchase date—12/8/22
Original purchase price--$130,000.00
Amount of rehab completed--$200,000.00
As-Is Value--$500,000.00
Amount owed--$264,000.00
Exit Strategy-Sell the property
Original purchase date—12/8/22
Original purchase price--$130,000.00
Amount of rehab completed--$200,000.00
Status
Open
Created
January 3, 2024 - 8:31am
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