Loan amount
$95,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$212,000
{PP:$100,000}
LTV
45%
{LTV}
Property type
Single Family
Borrower Details
Credit score
300
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Maple Falls
State
Washington
Loan Details
Purchase price
$100,000
Down payment
$5,000
Additional Loan Information
House and garage on land has been rented continuously for years. Older lower cost unit in a good area with rapidly increasing demand for housing with low inventory. Borrower/buyer no credit score as all cash operations for 15 years. Seller wants to close deal.
Status
Open
Created
December 8, 2023 - 6:19pm
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