Loan amount
$485,000
Loan type
As-Is Property Value
$500,000
LTV
97%
{LTV}
Property type
Single family home
Borrower Details
Credit score
600
Deal experience
4 deals
This loan scenario was submitted by a Broker
Property Details
State
Colorado
Loan Details
Additional Loan Information
In contract to purchase single family home for $500K which we will occupy for personal and business use. We have $15K a month income, zero debt and no loans of any kind. I was offered a $400K mortgage at 12% and either need the remaining $100K or will be glad to take a $485K loan and put down $15K.
Status
Closed
Created
September 10, 2019 - 12:02pm
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