Loan amount
$500,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$800,000
{PP:$800,000}
LTV
63%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
480
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
Worcester
State
Massachusetts
Loan Details
Purchase price
$800,000
Down payment
$300,000
Additional Loan Information
purchase a multi-family rental. Own primary residence.
One borrower has low fico, one borrower has no fico, both US citizens
$600,000 assets
One borrower has low fico, one borrower has no fico, both US citizens
$600,000 assets
Status
Open
Created
October 26, 2023 - 5:51pm
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