Loan amount
$900,000
Loan type
As-Is Property Value
$2,000,000
LTV
45%
{LTV}
Property type
Residential & Commercial
Borrower Details
Credit score
550
Deal experience
1 deal
This loan scenario was submitted by a Broker
Property Details
State
California
Loan Details
Additional Loan Information
Renovate residential and commercial property and resell 1 acre of the commercial property for $1M. I currently own the property with a mortgage balance of $470K. Current appraisal is $1.6M. ARV $2.8M. Looking for 1 year loan.
Status
Closed
Created
September 5, 2019 - 9:59am
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