Loan Request for Residential loan in Memphis, TN, 38125

Request #3695244 by Lender

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Date Posted

3/9/2023 5:09:02 PM

Property at

Memphis, TN, 38125, USA Show Map

Borrower at

Property Type

Residential

Property Value

$180,000

Loan Request

$126,000

LTV

70 %

Credit Rating

680-699

Net Worth

$70,000 - $100,000

Loan Purpose

Property Purchase

Purpose

Acquisition an REO property that is below market value, place a tenant within the property for a long term hold. Refinance out of the terms from within the initial loan product into a more comfortable long product for long term hold of said property.

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Loan Request for Residential loan in Memphis, TN, 38125