Loan Request for Land loan in , MI, 49090

Request #3701461 by Lender

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Date Posted

6/26/2024 1:36:29 PM

Property at

MI, 49090, USA Show Map

Borrower at

Property Type

Land

Property Value

$320,000

Loan Request

$120,000

LTV

37.5 %

Credit Rating

700-719

Loan Purpose

Property Purchase

Purpose

We bought a building lot next to our house on Lake Michigan in South Haven, Michigan, on a land contract. It is paid for. We have been trying to sell it for $329,000 and had offers over $300,000 but nothing has progressed to closing yet. We had to use unsecured loans to complete the land contract purchase and would now like to replace them with a lower rate loan.

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Loan Request for Land loan in , MI, 49090