Gallatin Pl, Hyattsville, MD 20781


  • Refinance on a property they purchased in cash in July for $60,000
  • Did some of the renovations in cash and need additional funds
  • Holding $30,000 of the funds which will be reimbursed upon completion of project
  • Funds are going to finish construction (including recent water damage in the basement) and to reimburse them for some of the funds already contributed


Loan Type: Refinance
Loan Amount: $100,000 1st Mortgage
Value of Subject Property: $200,000
Loan to Value: 50%
Term requested: 9 Month Balloon
Exit Strategy: Resell property
Credit Score 730