Loan amount
$1,300,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$3,000,000
LTV
43% {LTV}
Property type
Single Family
Borrower Details
Credit score
700
Deal experience
12 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Rockford Bay
State
Idaho
Loan Details
Current mortgage balance
$800,000
How much cash-out are you looking for?
$500,000
Additional Loan Information
We have a Custom Home we are finishing in Rockford Bay, Idaho: 5 bd, 5 ba, 5,000 sq ft with a 7-car garage on 10 acres with a Big View of Lake Coeur d'Alene. Property is worth $3,000,000 we owe $800K and we are looking to take $500K out of our equity. Funds will be used to purchase our next development property. This transaction will be approximately a 43% LTV.
Status
Created
October 1, 2026 - 5:06pm

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