Loan amount
$2,785,000
Loan type
Refinance
{Cash-Out}
As-Is Property Value
$6,620,000
LTV
42%
{LTV}
Property type
Other Commercial
Borrower Details
Credit score
640
Deal experience
40 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Burlington
State
North Carolina
Loan Details
Current mortgage balance
$1,785,000
How much cash-out are you looking for?
$1,000,000
Additional Loan Information
shopping center , 98% leased out, balloon note is due, needs a quick close, appraisal completed in Dec. 2024.
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
February 4, 2025 - 8:24am
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