Loan amount
$200,000
Loan type
As-Is Property Value
$450,000
LTV
45%
{LTV}
Property type
Single family home
Borrower Details
Credit score
590
Deal experience
8 deals
This loan scenario was submitted by a Broker
Property Details
State
California
Loan Details
Additional Loan Information
Pay off investment property principal and balloon payment. The investment property is a duplex each renting for $1,100 a month. Purchase price = $205,000. Current loan amount, principal + interest = $79,240.08+ balloon payment of $81,300 @5.62500% APR. My home is valued at $450,000 and I only owe $34,000+/-.
Status
Closed
Created
July 29, 2019 - 4:59pm
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