Mortgage lead for Residential loan in Savannah, MO, 64485

Loan Request for Residential loan in Savannah, MO, 64485

Request #3697563 by Lender

Date Posted

10/10/2023 12:01:13 PM

Property at

Savannah, MO, 64485, USA Show Map

Borrower at

Property Type

Residential

Property Value

$500,000

Purchase Price

$500,000

Amount of Existing Loans

$308,000

Loan Request

$400,000

LTV

80 %

Credit Rating

640-649

Loan Purpose

Refinance all

Purpose

I have a Tri-plex and a house with a small studio apartment behind it (somewhat like a duplex) that I would like to combine into one loan and do a cash-out refinance. With the cash, I want to pay for a property that I have under contract. It is an old gas station, so banks don't want to loan on it. The former gas station will be leased by someone wanting to run a wine bar out of it.

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Loan Request for Residential loan in Savannah, MO, 64485