Loan amount
Loan type
Refinance {Construction}
After Repair Value
0% {ARV}
Property type
Single Family
Borrower Details
Credit score
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
Loan Details
Current mortgage balance
Additional Loan Information
I currently have a new 1200 sq ft ADU on 10 amazing view acres. Current market value is about 435k according to real estate agent. I only owe 145k. Would like to get the additional 170k
to buold a 2800sqft home. I have approved plans and am ready to start. I need 170k for labor and materials. I am a general contractor with 20+years of experience The completed house on property with ADU will be worth 700-800k when completed. Approximate time 1 year
December 2, 2020 - 4:30pm

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