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Loan Request for Commercial loan in Desloge, MO, 63601

Request #3696843 by Lender

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8/17/2023 10:37:23 AM
Desloge, MO, 63601, USA Show Map
Commercial
$1,500,000
$650,000
$150,000
53.33 %
720-739
Second, Third or HELOC
To pay a balloon payment of $100k in January 2024 and to pay for some property repairs. The balloon payment is on a mobile home community. The propery is being sold; however, I want to cover the balloon payment in case closing day is after the note payment is due. Current debt on the property is $650k. Monthly debt payment is almost $5k. Monthly income for the propery is almost $17k.

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