Loan amount
$1,400,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$2,000,000
LTV
70%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
650
Deal experience
2 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Davenport
State
Florida
Loan Details
Current mortgage balance
$1,200,000
How much cash-out are you looking for?
$200,000
Additional Loan Information
A leased truck repair shop looking for a refi\cashout at 70%. Value $2MM.
Status
Open
Created
January 25, 2024 - 1:16pm
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