Loan amount
$670,000
Loan type
Refinance {Construction}
After Repair Value
$1,100,000
ARV
61% {ARV}
Property type
Retail/Strip Mall
Borrower Details
Credit score
700
Deal experience
5 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Newark
State
New Jersey
Loan Details
Current mortgage balance
$500,000
Cost of improvements
$170,000
Estimated property value after repairs
$1,100,000
Additional Loan Information
2 unit retail, needs money to do the build out.
Status
Created
April 16, 2024 - 2:24pm

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