PROPERTY:
Kendale Rd, Annandale, VA 22003
DESCRIPTION:
- Cash out refinance of property purchased in June 2015 for $450,000.
- Cash back at close is $151,000.
PROPOSED TERMS:
Loan Type: | Refinance |
Loan Amount: | $175,000 1st Mortgage |
Value of Subject Property: | $550,000 |
Loan to Value: | 32% |
Term requested: | 12 Month Balloon |
Exit Strategy: | Refi property |
Credit Score | 657 |