Loan amount
$15,000
Loan type
As-Is Property Value
$65,000
LTV
24%
{LTV}
Property type
Single family
Borrower Details
Credit score
530
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Michigan
Loan Details
Additional Loan Information
Use equity to rehab primary residence. Home will almost triple in value upon completion. Located in Lawton MI. Home and land are owned free and clear without any mortgages or loans. 6 month timeline. ARV $65K. Owner-occupied. Current value of $20K.
Status
Closed
Created
October 6, 2019 - 5:29pm
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