Loan amount
$500,000
Loan type
As-Is Property Value
$1,200,000
LTV
42%
{LTV}
Property type
Rural land
Borrower Details
Credit score
700
Deal experience
10 deals
This loan scenario was submitted by a Broker
Property Details
State
California
Loan Details
Additional Loan Information
160 acres 2 hours north of San Francisco by Fort Bragg. Borrower is looking to refinance cash out to build a new home on the land. Exit is to sell. 50% LTV or less, depending on appraisal of course. I am a broker representing my client.
Status
Closed
Created
August 14, 2019 - 6:39am
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