Vivian Ct, Silver Spring, MD 20902
DESCRIPTION:
- We are doing a loan of $125,000 on a property the borrower’s have owned since 2005.
- Borrower will be using funds to purchase another property.
- Cash back at closing $103,000.
PROPOSED TERMS:
| Loan Type: | Refinance |
| Loan Amounts: | $125,000 1st Mortgage |
| Value of Subject Property: | $400,000 |
| Loan to Value : | 32% |
| Term requested: | 12 Month Balloon |
| Exit Strategy: | Resale |
| Credit Score | 644 |

