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Loan Request for Residential loan in Phelan, CA, 92371

Request #3693016 by Lender

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4/14/2022 2:37:25 PM
Phelan, CA, 92371, USA Show Map
Residential
$320,000
$170,000
53.12 %
500-549
$2,000 - $5,000
Property Purchase
I need to borrow $170,000.00 to purchase this house that I've lived in for 15 years. It was my late mother's house and she had a reverse mortgage on it and I need to pay off the reverse mortgage and get the deed in my name. The market value of the house right now is $320,000.00 or more. I thought I could use the equity in the house to secure a loan. It sits on 2 acres in Phelan Ca.

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