Loan Request for Land loan in Fairview, NJ, 07022

Request #3705385 by Lender

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Date Posted

10/3/2024 9:09:38 AM

Property at

Fairview, NJ, 07022, USA Show Map

Borrower at

Property Type

Land

Property Value

$200,000

Loan Request

$120,000

LTV

60 %

Credit Rating

780 or more

Net Worth

$250,000 - $500,000

Loan Purpose

Property Purchase

Purpose

The client owns a pavement company and wants to purchase a lot in Fairview, NJ, to keep his equipment and recycle raw materials. P/P$200,000 and has 125k in equipment no debts. Fico 781. >>>>>> Purchase Price is 200,0000 LTV is based on ARV and equipment. Check the attachments.

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Loan Request for Land loan in Fairview, NJ, 07022