Mortgage lead for Residential loan in Guthrie, OK, 73044

Loan Request for Residential loan in Guthrie, OK, 73044

Request #3702103 by Lender

Date Posted

7/29/2024 5:56:11 PM

Property at

Guthrie, OK, 73044, USA Show Map

Borrower at

Guthrie, OK, 73044, USA Show Map

Property Type

Residential

Property Value

$160,000

Purchase Price

$160,000

Amount of Existing Loans

$56,000

Loan Request

$100,000

LTV

62.5 %

Credit Rating

680-699

Loan Purpose

Refinance all

Purpose

Refinance DSCR, on existing rental property. 3 b/2 ba, 1100 sq ft. w/ 500 sq ft unattached garage/shop. Great equity in SFH rental property. Long term rental at 1300-1400 month. 12 month lease. First mortgage payments $520 w/taxes and insurance. Recently renovated, new paint, floors, bathroom tile and fixtures/vanities. Updated kitchen appliances. Desire cash out refinance to use for purchase of 2nd SFH, currently under contract with EMD. $100k asking price. 98k to be financed. 2 bed/1 bath, will rent for $800-900 a month, long term rental. Little to no rehab.

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Loan Request for Residential loan in Guthrie, OK, 73044