Loan amount
$490,000
Loan type
Refinance
{Construction}
After Repair Value
$1,500,000
ARV
33%
{ARV}
Property type
Single Family
Borrower Details
Credit score
750
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Morriston
State
Florida
Loan Details
Current mortgage balance
$140,000
Cost of improvements
$350,000
Estimated property value after repairs
$1,500,000
Additional Loan Information
Currently own 40 acres of pasture land, I want to build a house on this property. I still owe $140k on this property, it was appraised at $303,000 earlier least year.
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
January 27, 2024 - 12:43am
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