Loan amount
$415,000
Loan type
As-Is Property Value
$470,000
LTV
89%
{LTV}
Property type
Apartment building
Borrower Details
Credit score
760
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
Tennessee
Loan Details
Additional Loan Information
14-unit multi-family apartment. 100% occupied. Seeking 90% no seasonal refinance no cash out. Purchased for $415K. Mortgage balances $380K and $35K. Estimated appraisal $465-475K. Property located in Knoxville, TN. Monthly rental income $5,900. Loan duration of 12 months.
Status
Closed
Created
February 14, 2020 - 8:39am
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