Loan amount
$926,000
Loan type
Refinance
{Construction}
Property value
$1,200,000
ARV
77%
{ARV}
Property type
Vacant Land
Credit score
735
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
City
Portland
State
Oregon
Current mortgage balance
$226,000
Cost of improvements
$700,000
Estimated property value after repairs
$1,200,000
Additional Loan Information
Investment home build on vacant land zoned for residential development in prime SW Portland neighborhood. Building plans already developed with local architect, geotechnical inspection and arborist tree survey completed. Initial city planning discussions up to point of permit application submitted are complete. Ready to d submit for building permits with support from local facilitation company.
Status
Pending review: Please check your email. We will be sending you follow-up questions, if needed. Be sure to check your spam folder.
Created
November 29, 2023 - 5:49am
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