Loan amount
$70,000
Loan type
As-Is Property Value
$599,000
LTV
12%
{LTV}
Property type
Single family home
Borrower Details
Credit score
654
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Virginia
Loan Details
Additional Loan Information
We are selling a house and found one we like and need a bridge loan for to cover the difference of what we have to buy the house. Our house is worth $599K, we owe $127K and it is located in Virginia Beach. The house we are looking at is $229K, we are putting down $180K, is located in Lincoln MT and we have a pending contract on it.
Status
Closed
Created
July 15, 2020 - 8:44am
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