Loan amount
$252,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$388,000
LTV
65%
{LTV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
567
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
New London
State
Connecticut
Loan Details
Current mortgage balance
$162,000
How much cash-out are you looking for?
$90,000
Additional Loan Information
2 family rental, currently generating 2k / month in rental income. Cash out to make improvements which will lead to market rate at 40% more in rental income in a highly desirable area in the downtown historic district.
Status
Closed
Created
February 16, 2026 - 8:27am
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