PROPERTY: 

Church St,  Sykesville,  MD   21784

 

DESCRIPTION:

  • Cash out refinance of property bought in 2014
  • Cash back at closing is $72,000
  • Experience in rehabbing and home-building, prior client

PROPOSED TERMS:

Loan Type: Refinance
Loan Amount: $80,000 1st Mortgage
Value of Subject Property: $300,000
Loan to Value: 27%
Term requested: 9 Month Balloon
Exit Strategy: Resell property
Credit Score  776