Loan amount
$137,000
Loan type
Refinance
{Construction}
After Repair Value
$350,000
ARV
39%
{ARV}
Property type
Single Family
Borrower Details
Credit score
685
Deal experience
1 deal
This loan scenario was submitted by a Broker
Yes
Property Details
City
New Orleans
State
Louisiana
Loan Details
Current mortgage balance
$0
Cost of improvements
$137,000
Estimated property value after repairs
$350,000
Additional Loan Information
Borrowers own property free and clear and needs substantial renovations. Already has tenant standing by. Very experienced General Contractor to complete the project.
Status
Closed
Created
October 24, 2024 - 11:27pm
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