800.883.8290PROPERTY:
Oaktree Dr, Levittown, PA 19055
DESCRIPTION:
- We are doing a $95,000 bridge loan against this property the borrower inherited in 2005
- We are holding $44,000 of the funds which will be reimbursed upon completion of project.
- Property is owned free and clear and the proceeds will be used towards completing this project and buying out her sister.
- 3 month guaranteed interest payments
- PROPOSED TERMS:
| Loan Type: | Refinance Construction |
| Loan Amount: | $95,000 1st Mortgage |
| Value of Subject Property: | $150,000 |
| Loan to Value: | 64% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Resale |
| Credit Score |
