PROPERTY: 

Wilson Ave, Baltimore, MD 21234

 

DESCRIPTION:

  • Purchase price is $115,250.
  • Cash to close is $15,000
  • Excellent credit, experienced borrower.

PROPOSED TERMS:

Loan Type: Purchase
Loan Amount: $110,000 1st Mortgage
Value of Subject Property: $200,000
Loan to Value: 55%
Term requested: 12 Month Balloon
Exit Strategy: Resell property
Credit Score  786