Loan amount
$250,000
Loan type
As-Is Property Value
$475,000
LTV
53%
{LTV}
Property type
Single family home
Borrower Details
Credit score
649
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
State
Minnesota
Loan Details
Additional Loan Information
New construction project. 3409 square feet, 4 bedrooms and 3 bathrooms, 3 car garage, modern design. Purchase price $255K. Construction budget $120K. 9 month timeline. Post-construction value $475K. Not yet in contract. Property located in Minneapolis, MN. Will sell once complete.
Status
Closed
Created
April 21, 2020 - 12:43pm
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