PROPERTY: 

Freedom Ave, Sykesville, MD   21784

DESCRIPTION:

  • Purchase price is $260,000.
  • Cash to close is $39,000.
  • Prior client with another loan that is closing in April as well

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $235,000 1st Mortgage
Value of Subject Property: $340,000
Loan to Value: 70%
Term requested: 12 Month Balloon
Exit Strategy: Resale
Credit Score  776