Loan amount
$161,000
Loan type
Refinance
{No Cash-Out}
As-Is Property Value
$350,000
LTV
46%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
595
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Quinlan
State
Texas
Loan Details
Current mortgage balance
$161,000
Additional Loan Information
I have a Client who has a Car dealership, been in business for about 3.5 yrs. He's looking to refinance the location.
Wants some cash-out, but I believe the loan amount is too small to pull cash out. So the refi should be fine if able to do.
Wants some cash-out, but I believe the loan amount is too small to pull cash out. So the refi should be fine if able to do.
Status
Open
Created
August 24, 2022 - 12:22pm
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