Loan amount
$2,250,000
Loan type
As-Is Property Value
$2,950,000
LTV
77%
{LTV}
Property type
Six unit condo construction project
Borrower Details
Credit score
780
Deal experience
75 deals
This loan scenario was submitted by a Broker
Property Details
State
Idaho
Loan Details
Additional Loan Information
All approvals obtained on this premium-location, six unit condo project on the Payette River in McCall, Idaho. This is Phase 3-4. Phases 1 and 2 already completed and owner-occupied as vacation homes--no rentals. Amount sought is for total to build all six units. Value shown is completed FMV based on existing comps. NO cross-collateralization.
Status
Closed
Created
August 29, 2019 - 6:58pm
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