Loan amount
$140,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$265,000
LTV
53% {LTV}
Property type
Single Family
Borrower Details
Credit score
600
Deal experience
1 deal
This loan scenario was submitted by a Broker
No
Property Details
City
Clarksburg
State
West Virginia
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$140,000
Additional Loan Information
SFH investment property, owned free and clear, title in hand along with deed. Homes been completely rehabbed. Would like to use funds to expand and purchase more investment properties. Would like 140k, but negotiable for faster closings. List of Comps, home pics, insurance, etc can all be provided. Credit scores are lower, due to fraud on our personal bank account and that account being frozen, which kept us without our funds, until 12/29/2025. Proof can be provided. Credit score not at 600, but again proof can be provided and its being worked out legally as well. We have w2 full time jobs, excellent income. debt to assest ratio approx 15%. The investment property we paid 30k cash in 2024, 65k out of pocket in material funds, labor no cost husband is a licensed contractor. House has been fully rehabbed from foundation to new roof, siding, plumbing, electrical, walls, furnishings and more! converted house from 2 bed 1 bath to 3 bed 2 bath. Husband has 20 plus years experience.
Status
Created
January 16, 2026 - 5:44pm

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