Loan amount
$201,500
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$470,000
LTV
43%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
642
Deal experience
21 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Ellijay
State
Georgia
Loan Details
Current mortgage balance
$114,458
How much cash-out are you looking for?
$87,000
Additional Loan Information
The property is a mixed use commercial, with a restaurant, banquet facility and gift shop. A lender ordered appraisal was completed in December of 2024 establishing a value of $455,000. It is believed the property is now worth $470,000+.
Status
Open
Created
August 26, 2026 - 3:45pm
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