Loan amount
$305,500
Loan type
Refinance
{Construction}
After Repair Value
$466,000
ARV
65%
{ARV}
Property type
Multi-Family 1-4 Units
Borrower Details
Credit score
640
Deal experience
3 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Humble
State
Texas
Loan Details
Current mortgage balance
$0
Cost of improvements
$305,121
Estimated property value after repairs
$466,000
Additional Loan Information
,I'm writing to submit a construction financing request for a ground-up duplex development in, Humble, TX 77338 — a new-construction duplex building, on a 0.25-acre lot my companyowns free and clear. We're requesting $325,121 in construction financing at approximately 70% loan-to-value against a $466,000 lender valuation summary. Attached you'll find three documents: the full Loan Request Cover Letter, the complete Financing Package (borrower bio, cost breakdown, valuation summary, rendering, and full plan set), and a standalone Construction Cost Breakdown.
Status
Open
Created
July 29, 2026 - 3:10pm
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