PROPERTY: 

Wilson St, Pottstown, PA  19464

DESCRIPTION:

  • Bridge loan of home completely remodeled and listed for $479,000
  • Cash back at closing of $40,000
  • Paying off our first mortgage of $100,000

PROPOSED TERMS:

Loan Type: Refinance
Loan Amount: $160,000 1st Mortgage
Value of Subject Property: $400,000
Loan to Value: 25%
Term requested: 9 Month Balloon
Exit Strategy: Resale
Credit Score  670 / 692