Loan amount
$50,000
Loan type
Refinance
{Construction}
After Repair Value
$250,000
ARV
20%
{ARV}
Property type
Single Family
Borrower Details
Credit score
580
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Muscadine
State
Alabama
Loan Details
Current mortgage balance
$0
Cost of improvements
$50,000
Estimated property value after repairs
$250,000
Additional Loan Information
We have a mobile home on 7 acres. The home needs work and this is what this loan is for. It is our intentions to sell and relocate. The home is over 2000 Sq ft and needs minor work. Land is in demand we are on ga al property line.
Status
Open
Created
January 30, 2024 - 4:11pm
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