Loan amount
$70,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$100,000
LTV
70% {LTV}
Property type
Single Family
Borrower Details
Credit score
575
Deal experience
2 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Topeka
State
Kansas
Loan Details
Current mortgage balance
$0
How much cash-out are you looking for?
$70,000
Additional Loan Information
So, my client has 4 properties that he's looking to refinance and get cash out on. He's aiming to get about $280k in cash-out loans, with all 4 properties collectively valued at $400k. And no, I'm not looking to broker these deals because I'm not licensed in KS, and that's okay. I just need to get them done for him, as he's one of my strategic partners for future CRE deals. Call me ASAP when you get this if you can make it happen.
Status
Created
September 4, 2024 - 4:35pm

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