Loan amount
$180,000
Loan type
As-Is Property Value
$440,000
LTV
41%
{LTV}
Property type
Single family home
Borrower Details
Credit score
760
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
Bridge loan for purchase of a house before selling other house. Selling current home for $214,900. There is no mortgage on the property. Located in Punta Gorda, FL. Currently in contract to purchase the new home for $247,000. New house located in Venice, FL. House for sale is not yet in contract. I occupy the current home and plan to move in to the new home. Loan duration of 3-6 months.
Status
Closed
Created
November 14, 2019 - 3:13pm
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