800.883.8290PROPERTY:
Coronet Dr, Linthicum Heights, MD 21090
DESCRIPTION:
- Purchase price is $149,000 and construction costs are $15,000.
- Cash to close is $28,000.
- Holding $15,000 of the funds which will be reimbursed upon completion of project
- Prior client.
PROPOSED TERMS:
| Loan Type: | Purchase Construction |
| Loan Amount: | $150,000 1st Mortgage |
| Value of Subject Property: | $250,000 |
| Loan to Value: | 60% |
| Term requested: | 12 Month Balloon |
| Exit Strategy: | Resale |
| Credit Score | 725 |
