Loan amount
Loan type
As-Is Property Value
72% {LTV}
Property type
Single family home
Borrower Details
Credit score
Deal experience
3 deals
This loan scenario was submitted by a Broker
Property Details
Loan Details
Additional Loan Information
I moved from California to Oregon almost 4 years ago when I separated from my husband. Bought an "owner will finance" because of poor credit at time and my name was, is on 3 other mortgages. I needed my divorce to be final before I could payoff property. It is not final yet. Even after putting 92,000 down and having made every monthly payment early for almost 4 years, owners are not willing to negotiate at all. My property is 5 acres off-grid, 3 stories, approximately 1,980 sq. ft., has huge loft and huge basement that is plumbed for a third bathroom, solar panels to charge solar batteries with generator backup, one thousand gallon propane tank. There is a propane fireplace in one corner of living room and I added a wood burning fireplace which is in opposite corner of living room. I also added a dish washer, new frig., and new washer dryer. The 3 story house has a deck that wraps around entire house.

Lastly, I am retired from California Department of Corrections after almost 27 years, and I am a Desert Storm veteran with 18 years in Army National Guard. I have property in California and South Lake Tahoe. One of my properties will be going on the market within the next 7 days. I will be able to pay off any loan when divorce is final or the California property sells.
August 23, 2019 - 8:16am

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