Loan amount
$500,000
Loan type
As-Is Property Value
$600,000
LTV
84%
{LTV}
Property type
Single family home
Borrower Details
Credit score
700
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
Michigan
Loan Details
Additional Loan Information
Cash out refinance. Owner-occupied. Owned free and clear. Property located in Troy, Michigan. Loan for business investment. Duration of 2 years. I am a broker representing my client. Client had income at over $150K in 2019. He has invested over $1 million the last 2 years for a licensed laboratory in Leoni Twp., MI.
Status
Closed
Created
March 16, 2020 - 1:37pm
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