Loan amount
$660,000
Loan type
Refinance {Cash-Out}
As-Is Property Value
$1,400,000
LTV
47% {LTV}
Property type
Single Family
Borrower Details
Credit score
750
Deal experience
3 deals
This loan scenario was submitted by a Broker
Yes
Property Details
City
Port Washington
State
New York
Loan Details
Current mortgage balance
$110,000
How much cash-out are you looking for?
$550,000
Additional Loan Information
I have a client who owns a single family Port Washington, NY 11050, estimated value is 1.45M. He has a tenant paying $7500 per month and apparently the tenant is an attorney and a huge weirdo. He won’t allow the owner access to the property. With that being said, the tenant won’t allow an appraiser into the house as he states it’s a violation of his privacy,
Owner is looking for a 50 LTV DSCR with a drive-by appraisal or BPO. Has solid credit @ 750 and the house is really nice.
I believe he just owns this property plus his primary. This is all cash…no existing mortgage. Looking for 50 LTV. Please let me know if you have interest.
Status
Created
September 2, 2026 - 8:17am

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