Loan amount
$115,000
Loan type
As-Is Property Value
$155,000
LTV
75%
{LTV}
Property type
Single family home
Borrower Details
Credit score
550
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Texas
Loan Details
Additional Loan Information
Refinance and cash out to clean up and improve for resale. Inherited property. Renovation budget $15K. Work will take 3 weeks. ARV $155K. Current value $109K. Property located in Houston, TX. Will sell once the work is complete. I am a broker representing my client.
Status
Closed
Created
March 7, 2020 - 1:37pm
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