Mortgage lead for Residential loan in Keene, CA, 93531

Loan Request for Residential loan in Keene, CA, 93531

Request #3700067 by Lender

Date Posted

2/16/2024 11:58:37 AM

Property at

Keene, CA, 93531, USA Show Map

Borrower at

Property Type

Residential

Property Value

$730,000

Loan Request

$380,000

LTV

52.05 %

Credit Rating

700-719

Loan Purpose

Property Purchase

Purpose

Borrower is buying the property from a wholesaler for $380k. He plans to fix it a little bit and sell it for $500k. The borrower is putting an additional single family residence as security at a value of $350k. The additional collateral is free and clear. The combined estimated value is $730k as-is but the estimated ARV is $850k. The LTV as-is is 52% and the LTV ARV is 45%. The property is in escrow and we need close in 10 days or less. Please review and call Moshon ASAP at 818-430-2606.

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Loan Request for Residential loan in Keene, CA, 93531