Loan amount
$352,500
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$450,000
LTV
78%
{LTV}
Property type
Single Family
Borrower Details
Credit score
575
Deal experience
None
This loan scenario was submitted by a Broker
Yes
Property Details
City
Stockton
State
California
Loan Details
Current mortgage balance
$292,500
How much cash-out are you looking for?
$60,000
Additional Loan Information
I would either like to refinance my home so I can do some upgrades and put the house on the market within 1 to 2 years max or I want to sell my home and use some of the money to pay off the little debt I have and use the money for a down payment to get into another home. I recently became a foster parent to my niece & nephew and needing a bigger house to hold everyone.
My project if I stay in the house - pay off the little debt I have and upgrade the kitchen, remove the carpet. Talking to some programs about upgrading central unit and weatherizing the house and then I want to put the house on market.
My project if I stay in the house - pay off the little debt I have and upgrade the kitchen, remove the carpet. Talking to some programs about upgrading central unit and weatherizing the house and then I want to put the house on market.
Status
Closed
Created
May 10, 2024 - 1:33pm
Hard Money Lenders Now Offering Real Estate Investor Loans in California Los Angeles | San Diego | San Jose | San Francisco | Fresno | Sacramento Hard Money Loans | Refinance Cash-Out | Purchase | Fix-N-Flip | Commercial | Construction | SBA Business Loans