PROPERTY:
Ingleside Ave, Baltimore, MD 21207
DESCRIPTION:
- Refinance of property purchased in October 2014 for $80,000.
- Cash to close $2,000
- Borrower is refinancing our loan and plans on renting or refinancing out of our loan.
PROPOSED TERMS:
Loan Type: | Refinance |
Loan Amount: | $120,000 1st Mortgage |
Value of Subject Property: | $195,000 |
Loan to Value: | 62% |
Term requested: | 12 Month Balloon |
Exit Strategy: | Resell property |
Credit Score | 711 / 754 |