Loan amount
$322,500
Loan type
As-Is Property Value
$430,000
LTV
75%
{LTV}
Property type
Single family home
Borrower Details
Credit score
630
Deal experience
8 deals
This loan scenario was submitted by a Broker
Property Details
State
Ohio
Loan Details
Additional Loan Information
In contract on primary residence. I’ve been turned down by conventional lenders and sub-prime lenders are not lending money at this time. Purchase price $430K. $107,500 down (25%). Property located in Sunbury, OH. 6-8 month loan duration. Annual income $120K. Liquid net worth $150K from pending sale of a rental property and primary residence.
Status
Closed
Created
April 28, 2020 - 10:28am
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