800.883.8290PROPERTY:
W Jefferson St, Philadelphia, PA 19010
DESCRIPTION:
- Cash out refinance of property purchase in June 2015 for $30,000.
- Holding $16,000 of the funds which will be reimbursed upon completion of project
- Cash back at close is $5,000.
PROPOSED TERMS:
| Loan Type: | Purchase Construction |
| Loan Amount: | $40,000 1st Mortgage |
| Value of Subject Property: | $100,000 |
| Loan to Value: | 40% |
| Term requested: | 9 Month Balloon |
| Exit Strategy: | Sell property |
| Credit Score | 530 |
