Loan amount
$138,000
Loan type
As-Is Property Value
$200,000
LTV
69%
{LTV}
Property type
Commercial / Warehouse
Borrower Details
Credit score
650
Deal experience
None
This loan scenario was submitted by a Broker
Property Details
State
Pennsylvania
Loan Details
Additional Loan Information
Under contract to purchase. Property is zoned as R1 grandfathered as warehouse. Property is appraised at $200K. I plan to use the warehouse for my automotive business. Purchase price $145K. Putting $7K down. Property is located in Latrobe PA 15650. Longer loan term would helpful; 15-30 years, if possible.
Status
Closed
Created
May 5, 2020 - 2:09pm
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